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, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct.
The BDI and Cape Size index was down ...
Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...
Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...
Thursday, 04 November 10
CAPE SIZE SENTIMENT FOR THIS WEEK WAS NEGATIVE - FEARNBULK
Handy
The Atlantic markets remain flat and lackluster. High volume of tonnage availabi ...
|
|
|
Showing 5536 to 5540 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
|
| |
| |
|