COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch RatingsFitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high, even as they moderate from unprecedented levels in 2022. This should keep net leverage at manageable levels for most Fitch-rated entities, supporting adequate rating headroom.
 
We forecast the sector’s median EBITDA-based net leverage to remain low at 0.5x in 2023 (2022: 0.3x), underpinned by strong earnings, with coal prices staying above pre-2022 levels. Cash outlays are likely to be driven by diversification-related investments, with some miners initiating projects to move away from thermal coal amid investors’ heightened ESG concerns and tightening funding access. Nevertheless, most entities have sufficient cash buffers to support these investments. We expect capex requirements at most entities, except at PT ABM Investama Tbk (B+/Stable), to remain low, as none have major growth plans.
 
We also expect entities with a high accumulated cash balance to continue bond buy backs over the next 12 months, taking advantage of price discounts on their bonds to reduce debt and interest expenses. We believe the buy backs will lower refinancing requirements and improve companies’ financial flexibility amid the sector’s evolving funding access due to environmental considerations.
Source: Fitch Ratings


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Minerals Council of Australia
  • Cigading International Bulk Terminal - Indonesia
  • Bank of America
  • Vedanta Resources Plc - India
  • Vale Mozambique
  • Riau Bara Harum - Indonesia
  • Oldendorff Carriers - Singapore
  • Mechel - Russia
  • Eastern Energy - Thailand
  • Lafarge - France
  • DBS Bank - Singapore
  • Metalloyd Limited - United Kingdom
  • Indogreen Group - Indonesia
  • PowerSource Philippines DevCo
  • Electricity Generating Authority of Thailand
  • Pendopo Energi Batubara - Indonesia
  • New Zealand Coal & Carbon
  • bp singapore
  • Pinang Coal Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Eastern Coal Council - USA
  • Coal India Limited
  • Krishnapatnam Port Company Ltd. - India
  • Permata Bank - Indonesia
  • BNP Paribas - Singapore
  • KOWEPO - South Korea
  • The University of Queensland
  • Indorama - Singapore
  • Central Electricity Authority - India
  • SN Aboitiz Power Inc, Philippines
  • Tata Chemicals Ltd - India
  • Parliament of New Zealand
  • Infraline Energy - India
  • McConnell Dowell - Australia
  • Gujarat Electricity Regulatory Commission - India
  • SMG Consultants - Indonesia
  • The India Cements Ltd
  • Moodys - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Commonwealth Bank - Australia
  • Gresik Semen - Indonesia
  • Panama Canal Authority
  • Altura Mining Limited, Indonesia
  • Wood Mackenzie - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Asmin Koalindo Tuhup - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Arch Coal - USA
  • MEC Coal - Indonesia
  • European Bulk Services B.V. - Netherlands
  • J M Baxi & Co - India
  • Fearnleys - India
  • SMC Global Power, Philippines
  • Kaltim Prima Coal - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Surastha Cement
  • Tata Power - India
  • Orica Mining Services - Indonesia
  • Dalmia Cement Bharat India
  • Coalindo Energy - Indonesia
  • Global Business Power Corporation, Philippines
  • Coaltrans Conferences
  • Gujarat Mineral Development Corp Ltd - India
  • Posco Energy - South Korea
  • Maersk Broker
  • South Luzon Thermal Energy Corporation
  • Holcim Trading Pte Ltd - Singapore
  • Credit Suisse - India
  • IEA Clean Coal Centre - UK
  • Merrill Lynch Bank
  • Miang Besar Coal Terminal - Indonesia
  • Jindal Steel & Power Ltd - India
  • Qatrana Cement - Jordan
  • Indian School of Mines
  • NTPC Limited - India
  • Mercuria Energy - Indonesia
  • Grasim Industreis Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Cardiff University - UK
  • The Treasury - Australian Government
  • Chamber of Mines of South Africa
  • EIA - United States
  • Gujarat Sidhee Cement - India
  • McKinsey & Co - India
  • Global Green Power PLC Corporation, Philippines
  • ETA - Dubai
  • Semirara Mining and Power Corporation, Philippines
  • Coastal Gujarat Power Limited - India
  • PLN - Indonesia
  • Bulk Trading Sa - Switzerland
  • Romanian Commodities Exchange
  • Pipit Mutiara Jaya. PT, Indonesia
  • Russian Coal LLC
  • Sical Logistics Limited - India
  • Cargill India Pvt Ltd
  • White Energy Company Limited
  • TNPL - India
  • Bangladesh Power Developement Board
  • Vizag Seaport Private Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Humpuss - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Banpu Public Company Limited - Thailand
  • Marubeni Corporation - India
  • ACC Limited - India
  • Cosco
  • Aditya Birla Group - India
  • Glencore India Pvt. Ltd
  • Siam City Cement - Thailand
  • Clarksons - UK
  • Japan Coal Energy Center
  • NALCO India
  • Australian Coal Association
  • Thomson Reuters GRC
  • Directorate General of MIneral and Coal - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Videocon Industries ltd - India
  • Ince & co LLP
  • Global Coal Blending Company Limited - Australia
  • Interocean Group of Companies - India
  • Jatenergy - Australia
  • Salva Resources Pvt Ltd - India
  • Power Finance Corporation Ltd., India
  • Ind-Barath Power Infra Limited - India
  • Medco Energi Mining Internasional
  • Vitol - Bahrain
  • Trasteel International SA, Italy
  • Semirara Mining Corp, Philippines
  • Simpson Spence & Young - Indonesia
  • Sojitz Corporation - Japan
  • Ministry of Transport, Egypt
  • Rio Tinto Coal - Australia
  • AsiaOL BioFuels Corp., Philippines
  • ING Bank NV - Singapore
  • Indian Oil Corporation Limited
  • World Coal - UK
  • Thai Mozambique Logistica
  • Ministry of Finance - Indonesia
  • Madhucon Powers Ltd - India
  • The State Trading Corporation of India Ltd
  • TANGEDCO India
  • GAC Shipping (India) Pvt Ltd
  • Malabar Cements Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • Indian Energy Exchange, India
  • Runge Indonesia
  • SRK Consulting
  • Idemitsu - Japan
  • Maharashtra Electricity Regulatory Commission - India
  • Deutsche Bank - India
  • Ernst & Young Pvt. Ltd.
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Freeport Indonesia
  • Indika Energy - Indonesia
  • Mercator Lines Limited - India
  • Argus Media - Singapore
  • Noble Europe Ltd - UK
  • Parry Sugars Refinery, India
  • Jaiprakash Power Ventures ltd
  • Makarim & Taira - Indonesia
  • Reliance Power - India
  • Globalindo Alam Lestari - Indonesia
  • World Bank
  • Baramulti Group, Indonesia
  • Essar Steel Hazira Ltd - India
  • Cemex - Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Savvy Resources Ltd - HongKong
  • Georgia Ports Authority, United States
  • Bukit Makmur.PT - Indonesia
  • Kobe Steel Ltd - Japan
  • Directorate Of Revenue Intelligence - India
  • Independent Power Producers Association of India
  • Indonesia Power. PT
  • OCBC - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • Petron Corporation, Philippines
  • Singapore Mercantile Exchange
  • Larsen & Toubro Limited - India
  • Xindia Steels Limited - India
  • Bank of China, Malaysia
  • CCIC - Indonesia
  • CNBM International Corporation - China
  • IBC Asia (S) Pte Ltd
  • WorleyParsons
  • Aboitiz Power Corporation - Philippines
  • Antam Resourcindo - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • IMC Shipping - Singapore
  • Anglo American - United Kingdom
  • OPG Power Generation Pvt Ltd - India
  • Thailand Anthracite
  • Kepco SPC Power Corporation, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • San Jose City I Power Corp, Philippines
  • TRAFIGURA, South Korea
  • Petrosea - Indonesia
  • Merrill Lynch Commodities Europe
  • Bukit Baiduri Energy - Indonesia
  • Adani Power Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Petrochimia International Co. Ltd.- Taiwan
  • Planning Commission, India
  • Tamil Nadu electricity Board
  • Samsung - South Korea
  • Thriveni
  • Coeclerici Indonesia
  • Electricity Authority, New Zealand
  • Sakthi Sugars Limited - India
  • Price Waterhouse Coopers - Russia
  • Uttam Galva Steels Limited - India
  • Borneo Indobara - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Latin American Coal - Colombia
  • Coal Orbis AG
  • ASAPP Information Group - India
  • Inco-Indonesia
  • Adaro Indonesia
  • Economic Council, Georgia
  • Heidelberg Cement - Germany
  • Goldman Sachs - Singapore
  • Barclays Capital - USA
  • Agrawal Coal Company - India
  • SUEK AG - Indonesia
  • Peabody Energy - USA
  • KPCL - India
  • Carbofer General Trading SA - India
  • London Commodity Brokers - England
  • Formosa Plastics Group - Taiwan
  • PLN Batubara - Indonesia
  • Total Coal South Africa
  • Therma Luzon, Inc, Philippines
  • GHCL Limited - India
  • Standard Chartered Bank - UAE
  • Leighton Contractors Pty Ltd - Australia
  • Meralco Power Generation, Philippines
  • TGV SRAAC LIMITED, India
  • GVK Power & Infra Limited - India
  • Malco - India
  • International Coal Ventures Pvt Ltd - India
  • JPower - Japan
  • Orica Australia Pty. Ltd.
  • BRS Brokers - Singapore
  • Enel Italy
  • ANZ Bank - Australia
  • India Bulls Power Limited - India
  • VISA Power Limited - India
  • Ministry of Mines - Canada
  • Sucofindo - Indonesia
  • CIMB Investment Bank - Malaysia
  • Gupta Coal India Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Indonesian Coal Mining Association
  • Asia Cement - Taiwan
  • GMR Energy Limited - India
  • KEPCO - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • Energy Development Corp, Philippines
  • Platts
  • Central Java Power - Indonesia
  • Samtan Co., Ltd - South Korea
  • Africa Commodities Group - South Africa
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Attock Cement Pakistan Limited
  • Bharathi Cement Corporation - India
  • Deloitte Consulting - India
  • GB Group - China
  • Mintek Dendrill Indonesia
  • Iligan Light & Power Inc, Philippines
  • Sindya Power Generating Company Private Ltd
  • Thiess Contractors Indonesia
  • Coal and Oil Company - UAE
  • IHS Mccloskey Coal Group - USA
  • JPMorgan - India
  • Shree Cement - India
  • Kideco Jaya Agung - Indonesia
  • Cement Manufacturers Association - India
  • TeaM Sual Corporation - Philippines
  • KPMG - USA
  • SASOL - South Africa
  • Wilmar Investment Holdings
  • Maruti Cements - India
  • Chettinad Cement Corporation Ltd - India
  • Thermax Limited - India
  • Siam City Cement PLC, Thailand
  • Inspectorate - India
  • IOL Indonesia
  • Bhatia International Limited - India
  • Mitsui
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • ICICI Bank Limited - India
  • Cebu Energy, Philippines
  • Xstrata Coal
  • Bangkok Bank PCL
  • SGS (Thailand) Limited
  • Barasentosa Lestari - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Kumho Petrochemical, South Korea
  • LBH Netherlands Bv - Netherlands
  • PTC India Limited - India
  • Platou - Singapore
  • Sarangani Energy Corporation, Philippines
  • RBS Sempra - UK
  • Kobexindo Tractors - Indoneisa
  • Britmindo - Indonesia
  • Bhoruka Overseas - Indonesia
  • Mjunction Services Limited - India
  • Geoservices-GeoAssay Lab
  • UBS Singapore
  • APGENCO India
  • EMO - The Netherlands
  • Ambuja Cements Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Renaissance Capital - South Africa
  • Karbindo Abesyapradhi - Indoneisa
  • Edison Trading Spa - Italy
  • Core Mineral Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Straits Asia Resources Limited - Singapore
  • Berau Coal - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • globalCOAL - UK
  • CoalTek, United States
  • Shenhua Group - China
  • PetroVietnam
  • Lanco Infratech Ltd - India
  • Rudhra Energy - India
  • GNFC Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • UOB Asia (HK) Ltd
  • Mitsubishi Corporation
  • MS Steel International - UAE
  • Bhushan Steel Limited - India
  • Mitra SK Pvt Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Intertek Mineral Services - Indonesia
  • Maybank - Singapore
  • Star Paper Mills Limited - India
  • HSBC - Hong Kong
  • Energy Link Ltd, New Zealand
  • U S Energy Resources
  • CESC Limited - India
  • Asian Development Bank
  • Arutmin Indonesia
  • Binh Thuan Hamico - Vietnam
  • Tanito Harum - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Maheswari Brothers Coal Limited - India
  • Port Waratah Coal Services - Australia