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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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Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fear ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- VISA Power Limited - India
- The University of Queensland
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Romanian Commodities Exchange
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
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