We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues continue to dominate the top 10 rankings in Ernst & Young’s annual Business risks facing mining & metals 2011-2012 report, released today.
Ernst & Young Global Mining & Metals Leader Mike Elliot says in the past 12-18 months at least 25 countries have increased or announced intentions to increase their government take via taxes or royalties. “Resource nationalism is taking other forms as well, including greater controls on foreign participation mandated beneficiation, use it or lose it demands and mandated government participation,” says Elliott.
Vietnam, for example, yesterday announced that export taxes on all kinds of coal would be increased from the current 15 percent to 20 percent as of September 2011, to limit the outflow of the natural resource, according to a new circular issued by Vietnam’s Ministry of Finance. Meanwhile, Indonesia is currently in the process of drafting a new regulation that could ban the export of low-grade coal (below 5100 Kcal/kg) by 2014.
“Resource nationalism reflects the expectation among governments that the sector should be contributing more for the right to exploit natural resources,” he says.
According Ernst & Young, the global skills shortage remains in second spot. Infrastructure access jump from the sixth position last year to the third position this year. The other risks are social license to operate (last year in the 5th position), capital project execution (new), price and currency volatility (9), capital allocation (1), cost management (3), interruptions to supply (new), and the last position fraud and corruption (new).
However, Elliot says it’s the myriad of supply capacity constraints that continue to dominate the risk list, accounting for six of the top 10-including the global skills shortage, capital allocation, infrastructure access, capital project execution, cost management, and interruptions to supply.
“The market is probably excessively optimistic about how much and how quickly new production is going to come on. All these supply capacity risks mean companies are unlikely to be able to capture the premium pricing as quickly. It also impacts the cost profile of projects, so there will need to be a higher rate of return to attract new investment and as a result commodity prices will need to be higher,” Elliot said.
For more details Click here
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
|
|
|
Showing 5436 to 5440 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Aditya Birla Group - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
|
| |
| |
|