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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices higher in the short term, with strong realised prices in 2022 boosting its annual revenue.
The comments come after China, Australia’s largest coal importer and trade partner, earlier this month lifted an unofficial ban on coal imports and others commodities from the country after a nearly three-year long geopolitical tussle.
The Brisbane, Queensland-based miner, which has not typically sold coking coal to China, said last week it had received enquires for long-term supply as Beijing lifted its unofficial ban on coal imports from Australia.
“Coronado expects Australian metallurgical (met) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or U.S. met coal production, particularly to the Chinese steelmakers in southern regions,” the company said.
Chief Executive Officer Gerry Spindler said he expects met coal prices to remain above historical averages throughtout 2023 due to the ongoing trade constraints for Russian coal and elevated thermal coal demand and prices.
The coal miner posted annual revenue of $3.57 billion, 66% higher than last year with average realised prices more than doubling to $303.1 per tonne.
However, its coal sales volume for the year fell 7.7%, sending shares of Coronado Global 3.3% lower to A$2.07 at 0336 GMT.
Source: Reuters
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Friday, 02 September 22
ABM INVESTAMA BUYS 30% GEMS SHARES FOR US$ 420 MILLION
PT ABM Investama Tbk through its indirect subsidiary, bought a 30% stake in the PT Golden Energy Mines Tbk for US$ 420 million or around Rp 6.2 tri ...
Wednesday, 31 August 22
MARKET INSIGHT - INTERMODAL
Scorching temperatures and extremely dry conditions during the Northern hemisphere summer have been drying crops. Yield prospects have subsided in ...
Tuesday, 23 August 22
HIGH COAL PRICES COULD BOOST INDONESIA'S ENERGY TRANSITION - IEEFA
Global coal prices have reached an all-time high as countries stop purchasing Russian coal amidst the Russia-Ukraine conflict. Indonesian coal comp ...
Tuesday, 23 August 22
A COMBINED US$6.8-BILLION CASH BALANCE OF INDONESIAN COAL COMPANIES COULD PROVIDE FOR TIMELY INVESTMENTS IN GREEN TRANSITION - IEEFA
A combined US$6.8-billion cash balance of Indonesian coal companies could provide for timely investments in green transition
The opp ...
Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
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- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Aditya Birla Group - India
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