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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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Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
Wednesday, 17 August 22
CHINA'S COAL-RICH SHANXI MAKES STRIDES IN HIGH-QUALITY DEVELOPMENT - XINHUA
Shanxi, a major coal-producing province in north China, has made continuous advances in high-quality development over the past decade, according to ...
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- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- The University of Queensland
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
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