COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

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 ...


Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...


   9 10 11 12 13   
Showing 51 to 55 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • ASAPP Information Group - India
  • Carbofer General Trading SA - India
  • Leighton Contractors Pty Ltd - Australia
  • Straits Asia Resources Limited - Singapore
  • Fearnleys - India
  • Kumho Petrochemical, South Korea
  • Thriveni
  • Freeport Indonesia
  • Coal India Limited
  • Holcim Trading Pte Ltd - Singapore
  • Sojitz Corporation - Japan
  • Meralco Power Generation, Philippines
  • Sree Jayajothi Cements Limited - India
  • Medco Energi Mining Internasional
  • Kobexindo Tractors - Indoneisa
  • Cosco
  • Peabody Energy - USA
  • Latin American Coal - Colombia
  • OPG Power Generation Pvt Ltd - India
  • Merrill Lynch Bank
  • PTC India Limited - India
  • SASOL - South Africa
  • Gujarat Sidhee Cement - India
  • NTPC Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Indonesian Coal Mining Association
  • BNP Paribas - Singapore
  • Mechel - Russia
  • Antam Resourcindo - Indonesia
  • Port Waratah Coal Services - Australia
  • Adani Power Ltd - India
  • Siam City Cement PLC, Thailand
  • Georgia Ports Authority, United States
  • KEPCO - South Korea
  • Grasim Industreis Ltd - India
  • Gupta Coal India Ltd
  • Attock Cement Pakistan Limited
  • Thiess Contractors Indonesia
  • APGENCO India
  • IMC Shipping - Singapore
  • India Bulls Power Limited - India
  • Arch Coal - USA
  • Bangladesh Power Developement Board
  • PLN Batubara - Indonesia
  • LBH Netherlands Bv - Netherlands
  • IHS Mccloskey Coal Group - USA
  • Goldman Sachs - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Oldendorff Carriers - Singapore
  • Pendopo Energi Batubara - Indonesia
  • Semirara Mining Corp, Philippines
  • PLN - Indonesia
  • Noble Europe Ltd - UK
  • BRS Brokers - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Cebu Energy, Philippines
  • Agrawal Coal Company - India
  • Kartika Selabumi Mining - Indonesia
  • RBS Sempra - UK
  • Dalmia Cement Bharat India
  • SMG Consultants - Indonesia
  • Planning Commission, India
  • DBS Bank - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Aboitiz Power Corporation - Philippines
  • Electricity Generating Authority of Thailand
  • Bukit Baiduri Energy - Indonesia
  • Power Finance Corporation Ltd., India
  • TGV SRAAC LIMITED, India
  • Star Paper Mills Limited - India
  • Coastal Gujarat Power Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Deutsche Bank - India
  • Core Mineral Indonesia
  • WorleyParsons
  • Bharathi Cement Corporation - India
  • Adaro Indonesia
  • New Zealand Coal & Carbon
  • Cement Manufacturers Association - India
  • Thomson Reuters GRC
  • Wilmar Investment Holdings
  • Idemitsu - Japan
  • Sindya Power Generating Company Private Ltd
  • SUEK AG - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Ernst & Young Pvt. Ltd.
  • Petron Corporation, Philippines
  • Thermax Limited - India
  • GVK Power & Infra Limited - India
  • Trasteel International SA, Italy
  • Bangkok Bank PCL
  • Rio Tinto Coal - Australia
  • Ministry of Finance - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Makarim & Taira - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Bank of America
  • Global Business Power Corporation, Philippines
  • Minerals Council of Australia
  • Gresik Semen - Indonesia
  • Reliance Power - India
  • Essar Steel Hazira Ltd - India
  • Parry Sugars Refinery, India
  • ACC Limited - India
  • Renaissance Capital - South Africa
  • Salva Resources Pvt Ltd - India
  • Therma Luzon, Inc, Philippines
  • Intertek Mineral Services - Indonesia
  • Mintek Dendrill Indonesia
  • JPMorgan - India
  • Jindal Steel & Power Ltd - India
  • Baramulti Group, Indonesia
  • Runge Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • SMC Global Power, Philippines
  • EMO - The Netherlands
  • Eastern Energy - Thailand
  • Enel Italy
  • Maruti Cements - India
  • Deloitte Consulting - India
  • Coal Orbis AG
  • ICICI Bank Limited - India
  • Vitol - Bahrain
  • Karaikal Port Pvt Ltd - India
  • Global Coal Blending Company Limited - Australia
  • CESC Limited - India
  • HSBC - Hong Kong
  • Chamber of Mines of South Africa
  • PetroVietnam
  • NALCO India
  • Jorong Barutama Greston.PT - Indonesia
  • Arutmin Indonesia
  • Electricity Authority, New Zealand
  • Barclays Capital - USA
  • Asia Cement - Taiwan
  • Maersk Broker
  • Vale Mozambique
  • SGS (Thailand) Limited
  • KPCL - India
  • Xindia Steels Limited - India
  • Tata Power - India
  • GAC Shipping (India) Pvt Ltd
  • Tata Chemicals Ltd - India
  • Savvy Resources Ltd - HongKong
  • Rudhra Energy - India
  • Argus Media - Singapore
  • KPMG - USA
  • Total Coal South Africa
  • CIMB Investment Bank - Malaysia
  • AsiaOL BioFuels Corp., Philippines
  • VISA Power Limited - India
  • Sucofindo - Indonesia
  • Ministry of Mines - Canada
  • Ambuja Cements Ltd - India
  • Mitra SK Pvt Ltd - India
  • TANGEDCO India
  • Coaltrans Conferences
  • Rashtriya Ispat Nigam Limited - India
  • Marubeni Corporation - India
  • Central Electricity Authority - India
  • Mitsubishi Corporation
  • PetroVietnam Power Coal Import and Supply Company
  • Posco Energy - South Korea
  • Bhushan Steel Limited - India
  • Bhatia International Limited - India
  • Bank of China, Malaysia
  • Cemex - Philippines
  • IBC Asia (S) Pte Ltd
  • GNFC Limited - India
  • Cargill India Pvt Ltd
  • Independent Power Producers Association of India
  • Asian Development Bank
  • Bulk Trading Sa - Switzerland
  • White Energy Company Limited
  • ETA - Dubai
  • Uttam Galva Steels Limited - India
  • KOWEPO - South Korea
  • Petrosea - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Merrill Lynch Commodities Europe
  • Economic Council, Georgia
  • PowerSource Philippines DevCo
  • Larsen & Toubro Limited - India
  • Xstrata Coal
  • Indian Oil Corporation Limited
  • Energy Development Corp, Philippines
  • World Bank
  • Mercator Lines Limited - India
  • Barasentosa Lestari - Indonesia
  • Lafarge - France
  • The State Trading Corporation of India Ltd
  • Tamil Nadu electricity Board
  • TeaM Sual Corporation - Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Coalindo Energy - Indonesia
  • Altura Mining Limited, Indonesia
  • Samsung - South Korea
  • Panama Canal Authority
  • CoalTek, United States
  • Madhucon Powers Ltd - India
  • Indian Energy Exchange, India
  • Simpson Spence & Young - Indonesia
  • bp singapore
  • Directorate Of Revenue Intelligence - India
  • Sical Logistics Limited - India
  • The Treasury - Australian Government
  • Interocean Group of Companies - India
  • UBS Singapore
  • Platts
  • Clarksons - UK
  • Shenhua Group - China
  • GHCL Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Commonwealth Bank - Australia
  • Pinang Coal Indonesia
  • Mercuria Energy - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Riau Bara Harum - Indonesia
  • Edison Trading Spa - Italy
  • TNB Fuel Sdn Bhd - Malaysia
  • The University of Queensland
  • Parliament of New Zealand
  • Credit Suisse - India
  • Coeclerici Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Price Waterhouse Coopers - Russia
  • Standard Chartered Bank - UAE
  • MS Steel International - UAE
  • Glencore India Pvt. Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • World Coal - UK
  • Indorama - Singapore
  • Indika Energy - Indonesia
  • Thailand Anthracite
  • Singapore Mercantile Exchange
  • Wood Mackenzie - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Banpu Public Company Limited - Thailand
  • London Commodity Brokers - England
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Miang Besar Coal Terminal - Indonesia
  • Mjunction Services Limited - India
  • Permata Bank - Indonesia
  • Metalloyd Limited - United Kingdom
  • Global Green Power PLC Corporation, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Energy Link Ltd, New Zealand
  • Bayan Resources Tbk. - Indonesia
  • Russian Coal LLC
  • Sakthi Sugars Limited - India
  • Humpuss - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • JPower - Japan
  • U S Energy Resources
  • Malabar Cements Ltd - India
  • CNBM International Corporation - China
  • J M Baxi & Co - India
  • European Bulk Services B.V. - Netherlands
  • Surastha Cement
  • Bukit Makmur.PT - Indonesia
  • Africa Commodities Group - South Africa
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • globalCOAL - UK
  • McConnell Dowell - Australia
  • South Luzon Thermal Energy Corporation
  • Timah Investasi Mineral - Indoneisa
  • Ministry of Transport, Egypt
  • Anglo American - United Kingdom
  • Bhoruka Overseas - Indonesia
  • Shree Cement - India
  • GMR Energy Limited - India
  • Siam City Cement - Thailand
  • Binh Thuan Hamico - Vietnam
  • Vizag Seaport Private Limited - India
  • McKinsey & Co - India
  • UOB Asia (HK) Ltd
  • Videocon Industries ltd - India
  • Thai Mozambique Logistica
  • Tanito Harum - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • SRK Consulting
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Indian School of Mines
  • Indo Tambangraya Megah - Indonesia
  • Heidelberg Cement - Germany
  • Orica Australia Pty. Ltd.
  • Kapuas Tunggal Persada - Indonesia
  • Lanco Infratech Ltd - India
  • Malco - India
  • Maybank - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Coal and Oil Company - UAE
  • Chettinad Cement Corporation Ltd - India
  • Orica Mining Services - Indonesia
  • The India Cements Ltd
  • CCIC - Indonesia
  • OCBC - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Berau Coal - Indonesia
  • Inco-Indonesia
  • Borneo Indobara - Indonesia
  • Vedanta Resources Plc - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Romanian Commodities Exchange
  • MEC Coal - Indonesia
  • TNPL - India
  • ANZ Bank - Australia
  • ING Bank NV - Singapore
  • Ince & co LLP
  • Aditya Birla Group - India
  • Maheswari Brothers Coal Limited - India
  • Geoservices-GeoAssay Lab
  • Ind-Barath Power Infra Limited - India
  • Inspectorate - India
  • Formosa Plastics Group - Taiwan
  • PNOC Exploration Corporation - Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Japan Coal Energy Center
  • Australian Commodity Traders Exchange
  • EIA - United States
  • Infraline Energy - India
  • Mitsui
  • Jatenergy - Australia
  • Kideco Jaya Agung - Indonesia
  • Australian Coal Association
  • Jaiprakash Power Ventures ltd
  • IOL Indonesia
  • Qatrana Cement - Jordan
  • Neyveli Lignite Corporation Ltd, - India
  • San Jose City I Power Corp, Philippines
  • Moodys - Singapore
  • Meenaskhi Energy Private Limited - India
  • Platou - Singapore
  • Samtan Co., Ltd - South Korea
  • Britmindo - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Central Java Power - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Manunggal Multi Energi - Indonesia
  • Cardiff University - UK
  • Kobe Steel Ltd - Japan
  • GB Group - China
  • Eastern Coal Council - USA
  • Indogreen Group - Indonesia
  • TRAFIGURA, South Korea
  • Indonesia Power. PT
  • SN Aboitiz Power Inc, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • IEA Clean Coal Centre - UK