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, 29 May 15
COAL PRODUCTION IN THE U.S. ALMOST FLAT THIS PAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.1 million short ...


Friday, 29 May 15
SOUTH KOREAN STATE-OWNED UTILITY KOREA MIDLAND POWER INVITES BIDS FOR 780K MT OF COAL FOR H2' 15
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to buy total 780K Metric Tons (MT) of HCV and LCV ...


Thursday, 28 May 15
TIMEBAR FOR DEMURRAGE CLAIMS - SKULD
KNOWLEDGE TO ELEVATE English law has traditionally had a strict approach to contractually agreed time bars between commercial parties as well ...


Wednesday, 27 May 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Earlier in the year I looked at how the market was reacting to the prolonged fall of the price of oil. Back then it was still unclear if the fallin ...


Tuesday, 26 May 15
HOW HAS THE DROP IN OIL PRICES AFFECTED OTHER COMMODITIES? - CLYDE & CO
KNOWLEDGE TO ELEVATE The effects of the dramatic drop in the price of both Ice March Brent, the international oil marker, and its US counterpa ...


   599 600 601 602 603   
Showing 3001 to 3005 news of total 6871
News by Category
Popular News
 
Total Members : 28,636
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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