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

Wednesday, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...


Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...


Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.   The growth rate ...


Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...


Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an avera ...


   95 96 97 98 99   
Showing 481 to 485 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 ...

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