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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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Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...
Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...
Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...
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Showing 26 to 30 news of total 6846 |
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- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
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