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Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
 Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have bottomed out in most commodity sectors, with stimulus measures supporting growth.
Chinese stimulus measures have supported fixed-asset investment, which in turn has improved prices for most commodities since the start of 2016. For 2017 Fitch expects fixed-asset investment in China to stabilise and forecast fixed investment growth of 4.4% in the same year (2016: 5.7%) which means that prices are unlikely to return to the 4Q15 levels.
In our view, Fitch says, the price trends for individual commodity sub-sectors in 2017 remain mixed. The strongest price outlook is for Nickel and Zinc, reflecting the expected physical supply deficits in these markets. Fitch expects iron ore prices to decline to reflect an oversupplied market, and for coal prices to retreat from current levels as mines reopen and production increases. For copper Fitch Ratings expects a large physical surplus in 2017, and although the majority of this will come on-stream in 1Q17 prices should improve throughout the year.
While most mining companies continue to have weak credit profiles for their current ratings, Fitch says, they see improvement in 2017, as they continue to focus on reducing debt. This will likely result in a revision of a number of Outlooks to Stable from Negative throughout the year.
For 2017, Fitch expects mining companies to mainly focus on operating cost savings, given less capacity for further cut capex. If prices strengthen, Fitch Says, they believe companies may be tempted to increase capex and exploration or restart/pay higher dividends.
Fitch also expect a reversal of the FX and oil price trends seen in the past one to two years.
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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Showing 16 to 20 news of total 6871 |
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- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- The University of Queensland
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
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