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Monday, 13 January 14
INDONESIAN ORE BAN TO HAVE LIMITED IMPACT ON CHINESE ALUMINIUM PRODUCERS, FITCH RATINGS SAYS
COALspot.com: Fitch Ratings says today that Indonesia's ban on exports of unprocessed mineral ore will have limited impact on Chinese aluminium producers in the short-term because they hold bauxite stocks that could last up to a year. These producers have also begun changing aspects of their operations to make them less reliant on Indonesian ore over the longer term.
The ban, which came into effect on 12 January 2014, has halted shipments of unprocessed raw materials, which are mainly bound for China. Indonesia's mining ministry, however, is considering giving producers the flexibility to continue exports of some metals, except nickel and bauxite, until 2017.
About one fifth of China's aluminium is produced using bauxite imports from Indonesia, but Chinese producers have built up bauxite stocks that may be sufficient for up to a year of production. In 2013, bauxite imports into China rose about 80%, while alumina production increased 18%-20%.
Over the longer term, Fitch believes the ban will not have much impact on overall costs for Chinese producers as they have taken steps since the announcement of the Indonesian ban in 2009 to diversify their bauxite import sources. These steps include building new refineries to take in bauxite feeds from countries other than Indonesia; securing resources in Australia, India, Papua New Guinea, among others; and obtaining quotas for export of bauxite in exchange for building refineries and smelters in Indonesia.
There could be a short period between when China's current bauxite stocks are depleted and when the full benefits of the diversification measures are felt when China would have to increase its alumina imports, especially in light of its increasing aluminium production capacity. This could drive up aluminium production costs temporarily, but it is not likely to have a significant impact on global alumina prices as producers forecast world alumina output to be in surplus in 2014.
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Wednesday, 15 January 14
CFR SOUTH CHINA COAL SWAPS FALL BY 6.57% MONTH ON MONTH
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery lost 6.57 percept month on month and closed at US$ 78.90 per mt as ...
Wednesday, 15 January 14
INDONESIAN MINING LAW AVERTS BOP PRESSURE, RISKS REMAIN, FITCH SAYS
The last-minute intervention at the weekend by Indonesia's politicians to avert a significant disruption of mining activity and exports, should lim ...
Wednesday, 15 January 14
Q3 AND Q4 INDONESIAN COAL SWAPS DECLINE MONTH ON MONTH
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 1.23 pmt month on month on Friday 10 January 2014. T ...
Wednesday, 15 January 14
PANAMAX: PACIFIC - REMAINED QUIET; ATLANTIC - CONTINUED THEIR RETREAT
COALspot.com: The holiday hangover seems well underway for the Dry Bulk market that saw more ground being lost this past week. The BDI has closed of ...
Tuesday, 14 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS FALL 18.28 %
COALspot.com: In the week ended January 13, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.67 ...
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- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- PTC India Limited - India
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
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