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

Sunday, 03 July 22
CHINESE VICE PREMIER STRESSES CLEAN, EFFICIENT USE OF COAL - XINHUA
Chinese Vice Premier Han Zheng has stressed efforts to promote the clean and efficient use of coal, and pursue green, low-carbon and high-quality d ...


Sunday, 03 July 22
SOVEREIGN SECTOR OUTLOOK REVISED TO NEUTRAL ON UKRAINE WAR IMPACT - FITCH RATINGS
The deterioration in global sovereign credit conditions this year relative to our expectations at end-2021 has caused Fitch Ratings to change its g ...


Saturday, 02 July 22
GLOBAL SEABORNE COAL EXPORTS IN 2021 INCREASED BY 4.4% Y-O-Y TO 1147 MLN TONNES - BANCHERO COSTA
In the full 12 months of 2021, global seaborne coal exports increased by +4.4% y-o-y to 1147 mln tonnes, from 1099 mln tonnes in 2020, according to ...


Friday, 01 July 22
INDIA'S TOP CEMENT MAKER PAYING FOR RUSSIAN COAL IN CHINESE YUAN - REUTERS
India’s biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to a ...


Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...


   60 61 62 63 64   
Showing 306 to 310 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 ...

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