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
Friday, 24 April 15
CHINA IRON ORE MINE CLOSURES TO SLOW ON GOVERNMENT SUPPORT - FITCH
Fitch Rating WhiteFitch Ratings expects fewer Chinese iron ore mine closures in 2015 as the government takes steps to support the industry, which has been struggling with lower prices, and as most of the remaining mines have better attributes.

Fitch expects the government to continue introducing direct or indirect subsidies to support iron ore miners after a sharp downturn in iron ore prices in 2014 forced a slew of mines to close and increased China's reliance on imports, which reached an all-time high in 2014. The Chinese government recently said it would halve the resource tax on domestic iron ore producers to 40% from 80% from 1 May 2015, which would result in cost savings of about CNY6-15 a tonne for the miners.

Iron ore capacities in China that are still surviving either operate at lower costs, have higher grade products, are vertically integrated with steel mills, or are state-owned, which would make them less susceptible to closure.

According to the China Steel Association, the country's iron ore imports rose 13.8% in 2014 to 933 million tonnes, accounting for 78.5% of national consumption, and a 9.7pp increase from the previous year. Imports will continue to rise in 2015 as more Chinese miners shut, which will further strengthen the bargaining power of large international iron ore producers, something the Chinese government and the domestic steel industry would not want to see.

Chinese producers generally have higher production costs than their large global peers, and have struggled to compete as cheaper supply continued to flood the market. The industry association in China estimates that over 50% of Chinese iron ore mines produce at a cash cost of more than CNY500/tonne (USD81/tonne), compared with large global miners' USD20 35/tonne. Support from the Chinese government would provide a lifeline to keep domestic supply in the market for longer than would be otherwise possible.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...


Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...


Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday. ...


Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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