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

Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report. ...


Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...


Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...


Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...


Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...


   3 4 5 6 7   
Showing 21 to 25 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 ...

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