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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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Thursday, 21 June 18
CHINESE REDUCED COAL IMPORT RESTRICTIONS - CAIXIN GLOBAL
Caixin Global reported that the Chinese government has reduced restrictions on coal imports at the nation’s major ports in response to concer ...
Thursday, 21 June 18
INDIAN GOVERNMENT ADMITS COAL SHORTAGE, ASKS DISCOMS TO IMPORT - TIMES OF INDIA
Times of India reported that the power ministry has advised all state governments and private power distribution companies to import coal as Coal I ...
Tuesday, 19 June 18
WCA RESPONDS TO BP STATISTICAL REVIEW OF WORLD ENERGY 2018
Responding to BP’s Statistical Review of World Energy 2018, Benjamin Sporton, Chief Executive of the World Coal Association (WCA) said, &ldqu ...
Wednesday, 13 June 18
U.S. COAL PRODUCTION TO DECLINE BY 2% TO 756 MILLION SHORT TONS MMST IN 2018 - EIA
EIA forecasts U.S. coal production to decline by 2% to 756 million short tons (MMst) in 2018.
According to EIA's Short-Term Ener ...
Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...
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Showing 1696 to 1700 news of total 6871 |
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- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Minerals Council of Australia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Australian Coal Association
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
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