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Wednesday, 14 March 18
COAL PRICES UP SAYS MINERALS COUNCIL - IAN KIRKWOOD,THE HERALD
NSW thermal coal exports were at near-record levels last year but prices were up, the Minerals Council of NSW has said after appraising annual statistics provided by the industry body Coal Services.
The council’s chief executive, Stephen Galilee, said NSW thermal coal exports topped 140 million tonnes in 2017, only just below 2016 volumes and more than 15 per cent higher than they were in 2012.
Thermal coal is used in power stations, while higher-energy coking coal – often found in the same deposits – is used in steelmaking.
“Coal is our state’s most valuable export so it’s great for the NSW economy that demand for our thermal coal continues to be strong,” Mr Galilee said.
He said growth in demand was led by China, which lifted its imports of NSW coal by almost 10 per cent to 23.7 million tonnes.
In other key markets, exports of thermal coal to Japan rose by 2.4 per cent to 64.3 million tonnes while exports to Korea rose by 0.6 per cent to 20.1 million tonnes. The Philippines took 1.5 million tonnes, up 17 per cent, and Thailand 3.2 million tonnes, up 7.2 per cent.
Japan continued to be the biggest buyer of NSW thermal coal, accounting for 45 per cent of the market in 2017, followed by China with 17 per cent and Taiwan and Korea, each with 14 per cent.
Coal remained the state’s most valuable export, accounting for 18 per cent of exports by value.
While tonnages were relatively flat across the board, Mr Galilee said the price had risen sharply in the 18 months to December. The average free-on-board (FOB) price of coal went from $68.27 in June 2016 to $114.82 in Deember 2017, the highest price since December 2011.
Total NSW coal exports, including coking coal, topped 163 million tonnes, down from 170 million tonnes the previous year. Mr Galilee said the decline was largely due to a sharp decline in coking coal export volumes through Port Kembla.
“After a very tough few years, the ongoing strong demand for NSW thermal coal over 2017 is encouraging, as is the recovery in coal prices that has boosted activity and confidence across the NSW mining sector,” Mr Galilee said.
“Growth in exports to our second largest market, China, along with significant growth across emerging markets in Southeast Asia demonstrate the significant economic opportunities for NSW, provided we get the policy settings right here in NSW.
“The NSW Government has made progress in meeting its commitment to halve planning assessment time frames for major mining projects. While there is still more be done, if we can lock in policies that support NSW mining, we’ll build on these positive export figures, attract investment and create more jobs in our state.”
Source: The Herald
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Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
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Showing 16 to 20 news of total 6846 |
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- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- The University of Queensland
- Parliament of New Zealand
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
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