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Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
 BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant saying it’ll reap little benefit from staying on as a member.
BHP will cease membership of the association following a review, while remaining a part of two other groups that it says have shown a willingness to engage further on climate issues, according to a statement by the Melbourne-based company on Thursday.
“In light of the material difference identified by the Review and the narrow range of activities of benefit to BHP from membership, BHP has reached a final view that it will cease membership of the WCA,” the miner said.
The producer’s move follows concern from some investors over membership of groups that have criticized the Paris climate accord and rejected targets to increase use of renewable energy sources. The World Coal Association is “disappointed” by BHP’s decision to leave the group, it said in a statement.
BHP said it’ll remain a member of the U.S. Chamber of Commerce, and will work with the Minerals Council of Australia to advocate policies aligned with the miner.
BHP — which gets about 20 percent of its revenue from coal — is targeting net zero emissions from its operations in the second half of this century. While it’s cut emissions about 61 percent in the six years to 2016, the producer remains among the world’s top emitters, Bloomberg New Energy Finance said in a September report.
Rival Rio Tinto Group last week completed its exit from coal after agreeing to sell more than $4 billion of Australian mines.
Source: Bloomberg
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Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
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- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Australian Coal Association
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- The University of Queensland
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
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