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

Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...


Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy. ...


Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...


Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...


Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...


   21 22 23 24 25   
Showing 111 to 115 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 ...

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