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Thursday, 21 June 18
ROBUST ASIAN THERMAL COAL DEMAND CREATES OPPORTUNITIES FOR AUSTRALIA - MINERALS COUNCIL OF AUSTRALIA
 Minerals Council of Australia reported, Australia’s world-class coal mining industry can create more jobs in Australia and strengthen the economy by meeting expected strong Asian demand for thermal coal over the next decade and beyond.
A report on the demand outlook for thermal coal in our region – prepared for the Minerals Council of Australia (MCA) and the COAL21 Fund by expert industry analysts Commodity Insights – has forecast strong appetite for thermal (energy) coal across existing and emerging Asian markets between now and 2030.
According to Minerals Council of Australia , strong electricity demand growth in Southeast Asia and India driven by industrialisation and urbanisation, use of high efficiency low emission (HELE) coal technology and solid population growth will drive a potential 400 million tonne (Mt) increase in annual demand by 2030.
Most of this growth is expected from countries that are existing customers of Australia’s high-quality coal, including Japan, China, Taiwan and Korea, as well as newer buyers such as Vietnam, the Philippines and Thailand.
The report’s main points include:
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Asian thermal coal import demand is expected to grow over 400Mt over the period (or double Australia’s total 2017 thermal coal exports of 200Mt ) from 740Mt in 2017 to 1147Mt in 2030
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Demand growth is evenly spread across the region, with all countries except Japan increasing imports across the period and growth in Chinese demand remaining relatively flat
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An increase in coal’s share in the power generation mix in large parts of Southeast Asia will help countries diversify beyond gas and hydro power
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Imports by India will also increase, yet forecast domestic production will not be able to keep pace with demand growth, especially for coal-fired power plants built away from the domestic production centres
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Thermal coal supply may tighten due to Indonesia commissioning a significant volume of new coal-fired capacity over the next decade, which will potentially divert large volumes from the export market to domestic use in Indonesia.
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Australian coal is ideally placed to meet this growing demand from Asian customers because of its high quality – reducing emissions when compared to lower-quality coal from other exporters – and supplier reliability. We are also close to key markets and have good infrastructure availability.
The report also highlights challenges, including the need for Australia to add or expand mines and infrastructure, particularly rail, in a timely fashion to support this growth.
Approval processes for new mines are long and costly and involve numerous stakeholders and levels of government. The report notes that: ‘The sheer volume of red and green tape is extremely onerous, and possibly out of balance with other jurisdictions.’
Better policy settings would help the industry grow to meet the expected demand increase and deliver continued benefits to Australians, such as large royalty payments to taxpayers in NSW and Queensland.
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Monday, 02 July 18
THIESS SECURES NEW QCOAL NORTHERN HUB $480M CONTRACT
Thiess has been awarded a new A$480 million contract by QCoal to continue operations at the QCoal Northern Hub located in Queensland’s Bowen ...
Friday, 29 June 18
THE LBH GROUP AND RHENUS PLAN TO ESTABLISH A JOINT COMPANY
Press Release: The port services provider, the LBH Group, and the logistics specialist Rhenus, are planning to cooperate closely in the European in ...
Friday, 29 June 18
SUPRAMAX: INDO / CHINA COAL ROUNDS PAYING AROUND USD HIGH 11000 - FEARNLYS
Capesize
Its been an interesting week with a strong demand for ships out of Brazil, making C3 rates remain around USD 19 pmt said Fearnlys in i ...
Friday, 29 June 18
JAPAN'S TOHOKU ELEC, GLENCORE ABANDON APRIL-MARCH COAL CONTRACT TALKS - REUTERS
Japan’s Tohoku Electric Power Co Inc and Glencore Plc have abandoned talks on annual thermal coal supplies after failing to reach an agreemen ...
Wednesday, 27 June 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
After the abolishment of the trade embargo against Iran, there was a lot of optimism from the country’s side, as after quite some time a numb ...
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Showing 1686 to 1690 news of total 6871 |
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- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- PTC India Limited - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
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