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, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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