COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 04 December 19
FITCH RATINGS: CASH FLOW GENERATION TO SLOW DOWN FOR INDONESIAN COAL MINERS
FITCH RATINGSFitch Ratings' negative outlook on the Indonesian coal-mining sector reflects our view of weaker cash flow generation on account of declining coal prices. Fitch has revised down its mid-cycle coal-price assumptions, and expects USD80 and USD73 for Qinghuangdao 5,500kcal/kg and Australia Newcastle 6,000kcal/kg thermal coal, respectively, in 2020 (2019E: USD86 and USD77). We expect capex intensity to remain low for the sector; however, acquisitions might pick up in 2020, leading to higher leverage. Profitability is also likely to remain low, in light of weaker coal prices.
 
Fitch's stable rating outlook reflects the outlook for the majority of our rated entities: PT ABM Investama Tbk (B+) and Geo Energy Resources Limited (B-) are on Negative Outlook, reflecting the entity-specific weaknesses which could be stretched further in the weaker-coal-price scenario.
 
According to Fitch Ratings, the impact of lower profitability on credit metrics would be partially offset by volume ramp-up by some entities, such as PT Golden Energy Mines Tbk (B+/Stable) and PT Bayan Resources Tbk (BB-/Stable), where both have adequate reserve lives similar to other bigger players such as PT Adaro Energy (BBB-/Stable) and PT Indika Energy Tbk (BB-/Stable). We expect declining reserves to remain an issue for Geo Energy, which might also trigger a put option of its bonds in the absence of any acquisition. ABM's reserve quality is also deteriorating as reserves from its key mine are likely to fully deplete in the next two to three years.
 
Fitch Ratings further noted that, regulatory risks remain a potential disrupting factor in Indonesia, but Fitch considers any major changes to regulation as an event risk. We believe the two rated coal-miners - Adaro and Indika - which have their Coal Contracts of Work (CCoW) expiring in 2022 and 2023, respectively, will be able to satisfy the conversion guidelines.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS
Capesize The Capesize market has hit new low's in the first week of the new year, with the West Australia route being fixed at USD 6.6 being ...


Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...


Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...


Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.   A ...


Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


   240 241 242 243 244   
Showing 1206 to 1210 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • South Luzon Thermal Energy Corporation
  • Formosa Plastics Group - Taiwan
  • AsiaOL BioFuels Corp., Philippines
  • Noble Europe Ltd - UK
  • Salva Resources Pvt Ltd - India
  • Directorate Of Revenue Intelligence - India
  • GB Group - China
  • Lafarge - France
  • Kumho Petrochemical, South Korea
  • Minerals Council of Australia
  • Bank of America
  • IBC Asia (S) Pte Ltd
  • GNFC Limited - India
  • Sree Jayajothi Cements Limited - India
  • Arutmin Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Argus Media - Singapore
  • Madhucon Powers Ltd - India
  • Tanito Harum - Indonesia
  • MS Steel International - UAE
  • Sarangani Energy Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CIMB Investment Bank - Malaysia
  • KOWEPO - South Korea
  • Mintek Dendrill Indonesia
  • IEA Clean Coal Centre - UK
  • Adani Power Ltd - India
  • Cebu Energy, Philippines
  • Thailand Anthracite
  • Antam Resourcindo - Indonesia
  • Coastal Gujarat Power Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Sakthi Sugars Limited - India
  • JPower - Japan
  • Thriveni
  • TNPL - India
  • Vizag Seaport Private Limited - India
  • Meralco Power Generation, Philippines
  • Global Business Power Corporation, Philippines
  • Tata Power - India
  • Bangladesh Power Developement Board
  • Energy Link Ltd, New Zealand
  • The University of Queensland
  • Coaltrans Conferences
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Reliance Power - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Vitol - Bahrain
  • Planning Commission, India
  • IHS Mccloskey Coal Group - USA
  • Gujarat Electricity Regulatory Commission - India
  • Africa Commodities Group - South Africa
  • Aditya Birla Group - India
  • Coal India Limited
  • Attock Cement Pakistan Limited
  • Infraline Energy - India
  • Petrosea - Indonesia
  • Thomson Reuters GRC
  • Permata Bank - Indonesia
  • Russian Coal LLC
  • Coal Orbis AG
  • Global Green Power PLC Corporation, Philippines
  • Anglo American - United Kingdom
  • Inco-Indonesia
  • NTPC Limited - India
  • Runge Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Parliament of New Zealand
  • Sical Logistics Limited - India
  • Central Java Power - Indonesia
  • Cargill India Pvt Ltd
  • CNBM International Corporation - China
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ministry of Transport, Egypt
  • Asian Development Bank
  • Edison Trading Spa - Italy
  • Leighton Contractors Pty Ltd - Australia
  • Indian Oil Corporation Limited
  • Medco Energi Mining Internasional
  • Orica Australia Pty. Ltd.
  • Geoservices-GeoAssay Lab
  • GHCL Limited - India
  • Bhatia International Limited - India
  • Commonwealth Bank - Australia
  • Georgia Ports Authority, United States
  • Australian Commodity Traders Exchange
  • Bank of China, Malaysia
  • VISA Power Limited - India
  • Cement Manufacturers Association - India
  • Platou - Singapore
  • Savvy Resources Ltd - HongKong
  • SGS (Thailand) Limited
  • Agrawal Coal Company - India
  • Thermax Limited - India
  • Grasim Industreis Ltd - India
  • The India Cements Ltd
  • Surastha Cement
  • Vijayanagar Sugar Pvt Ltd - India
  • IMC Shipping - Singapore
  • Goldman Sachs - Singapore
  • Japan Coal Energy Center
  • Mechel - Russia
  • Ministry of Mines - Canada
  • CESC Limited - India
  • Rudhra Energy - India
  • Uttam Galva Steels Limited - India
  • KPMG - USA
  • RBS Sempra - UK
  • KPCL - India
  • Maersk Broker
  • Britmindo - Indonesia
  • TGV SRAAC LIMITED, India
  • JPMorgan - India
  • Jaiprakash Power Ventures ltd
  • Central Electricity Authority - India
  • Ernst & Young Pvt. Ltd.
  • Alfred C Toepfer International GmbH - Germany
  • Thiess Contractors Indonesia
  • EMO - The Netherlands
  • Indonesia Power. PT
  • Karaikal Port Pvt Ltd - India
  • Australian Coal Association
  • Indika Energy - Indonesia
  • UBS Singapore
  • Cosco
  • CoalTek, United States
  • ICICI Bank Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Videocon Industries ltd - India
  • Jindal Steel & Power Ltd - India
  • PTC India Limited - India
  • Lanco Infratech Ltd - India
  • WorleyParsons
  • SUEK AG - Indonesia
  • Baramulti Group, Indonesia
  • GVK Power & Infra Limited - India
  • Mercuria Energy - Indonesia
  • Bangkok Bank PCL
  • Tamil Nadu electricity Board
  • Toyota Tsusho Corporation, Japan
  • ANZ Bank - Australia
  • BNP Paribas - Singapore
  • CCIC - Indonesia
  • Interocean Group of Companies - India
  • Mercator Lines Limited - India
  • Pinang Coal Indonesia
  • Indogreen Group - Indonesia
  • Credit Suisse - India
  • Siam City Cement - Thailand
  • Ince & co LLP
  • Kideco Jaya Agung - Indonesia
  • Kobexindo Tractors - Indoneisa
  • India Bulls Power Limited - India
  • ASAPP Information Group - India
  • NALCO India
  • Arch Coal - USA
  • Singapore Mercantile Exchange
  • TeaM Sual Corporation - Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Core Mineral Indonesia
  • TANGEDCO India
  • The Treasury - Australian Government
  • McKinsey & Co - India
  • Asia Cement - Taiwan
  • Vale Mozambique
  • Gujarat Mineral Development Corp Ltd - India
  • Posco Energy - South Korea
  • Bhoruka Overseas - Indonesia
  • Indian Energy Exchange, India
  • Riau Bara Harum - Indonesia
  • Freeport Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Electricity Authority, New Zealand
  • Maheswari Brothers Coal Limited - India
  • globalCOAL - UK
  • Pendopo Energi Batubara - Indonesia
  • Panama Canal Authority
  • PNOC Exploration Corporation - Philippines
  • PowerSource Philippines DevCo
  • UOB Asia (HK) Ltd
  • Malco - India
  • Mjunction Services Limited - India
  • Binh Thuan Hamico - Vietnam
  • Cigading International Bulk Terminal - Indonesia
  • Merrill Lynch Bank
  • bp singapore
  • Mitsui
  • HSBC - Hong Kong
  • Samsung - South Korea
  • Cemex - Philippines
  • MEC Coal - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Trasteel International SA, Italy
  • Chamber of Mines of South Africa
  • Peabody Energy - USA
  • Petron Corporation, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • Latin American Coal - Colombia
  • Shenhua Group - China
  • Platts
  • Renaissance Capital - South Africa
  • Krishnapatnam Port Company Ltd. - India
  • Eastern Energy - Thailand
  • Glencore India Pvt. Ltd
  • Standard Chartered Bank - UAE
  • Pipit Mutiara Jaya. PT, Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Inspectorate - India
  • Sucofindo - Indonesia
  • Bulk Trading Sa - Switzerland
  • Borneo Indobara - Indonesia
  • Gujarat Sidhee Cement - India
  • Dalmia Cement Bharat India
  • ING Bank NV - Singapore
  • Barasentosa Lestari - Indonesia
  • GMR Energy Limited - India
  • Sindya Power Generating Company Private Ltd
  • Sinarmas Energy and Mining - Indonesia
  • Economic Council, Georgia
  • New Zealand Coal & Carbon
  • Idemitsu - Japan
  • Shree Cement - India
  • Deutsche Bank - India
  • Gupta Coal India Ltd
  • Parry Sugars Refinery, India
  • PLN - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Merrill Lynch Commodities Europe
  • Kohat Cement Company Ltd. - Pakistan
  • J M Baxi & Co - India
  • Simpson Spence & Young - Indonesia
  • Oldendorff Carriers - Singapore
  • Clarksons - UK
  • Metalloyd Limited - United Kingdom
  • Billiton Holdings Pty Ltd - Australia
  • Bahari Cakrawala Sebuku - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • IOL Indonesia
  • Maybank - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • ETA - Dubai
  • Makarim & Taira - Indonesia
  • Port Waratah Coal Services - Australia
  • LBH Netherlands Bv - Netherlands
  • Kepco SPC Power Corporation, Philippines
  • EIA - United States
  • Therma Luzon, Inc, Philippines
  • Mitsubishi Corporation
  • Samtan Co., Ltd - South Korea
  • Power Finance Corporation Ltd., India
  • Kaltim Prima Coal - Indonesia
  • DBS Bank - Singapore
  • European Bulk Services B.V. - Netherlands
  • Berau Coal - Indonesia
  • Moodys - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Banpu Public Company Limited - Thailand
  • Jorong Barutama Greston.PT - Indonesia
  • Tata Chemicals Ltd - India
  • Thai Mozambique Logistica
  • Orica Mining Services - Indonesia
  • Xstrata Coal
  • Wilmar Investment Holdings
  • Electricity Generating Authority of Thailand
  • Rio Tinto Coal - Australia
  • Larsen & Toubro Limited - India
  • Deloitte Consulting - India
  • Timah Investasi Mineral - Indoneisa
  • Ind-Barath Power Infra Limited - India
  • Bhushan Steel Limited - India
  • Jatenergy - Australia
  • Indorama - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Altura Mining Limited, Indonesia
  • Marubeni Corporation - India
  • PLN Batubara - Indonesia
  • PetroVietnam
  • Carbofer General Trading SA - India
  • Maharashtra Electricity Regulatory Commission - India
  • Barclays Capital - USA
  • Wood Mackenzie - Singapore
  • SMG Consultants - Indonesia
  • Semirara Mining Corp, Philippines
  • Kartika Selabumi Mining - Indonesia
  • Fearnleys - India
  • Ambuja Cements Ltd - India
  • Cardiff University - UK
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mitra SK Pvt Ltd - India
  • Heidelberg Cement - Germany
  • OCBC - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Vedanta Resources Plc - India
  • OPG Power Generation Pvt Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Global Coal Blending Company Limited - Australia
  • World Coal - UK
  • McConnell Dowell - Australia
  • Iligan Light & Power Inc, Philippines
  • SASOL - South Africa
  • Straits Asia Resources Limited - Singapore
  • Adaro Indonesia
  • Indian School of Mines
  • Energy Development Corp, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • Chettinad Cement Corporation Ltd - India
  • Bharathi Cement Corporation - India
  • Xindia Steels Limited - India
  • San Jose City I Power Corp, Philippines
  • Price Waterhouse Coopers - Russia
  • APGENCO India
  • Coeclerici Indonesia
  • Siam City Cement PLC, Thailand
  • KEPCO - South Korea
  • Eastern Coal Council - USA
  • Manunggal Multi Energi - Indonesia
  • BRS Brokers - Singapore
  • Total Coal South Africa
  • ACC Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • PetroVietnam Power Coal Import and Supply Company
  • Maruti Cements - India
  • SRK Consulting
  • SMC Global Power, Philippines
  • Romanian Commodities Exchange
  • Bayan Resources Tbk. - Indonesia
  • Malabar Cements Ltd - India
  • Star Paper Mills Limited - India
  • Coalindo Energy - Indonesia
  • Intertek Mineral Services - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Humpuss - Indonesia
  • Essar Steel Hazira Ltd - India
  • TRAFIGURA, South Korea
  • The State Trading Corporation of India Ltd
  • U S Energy Resources
  • Qatrana Cement - Jordan
  • World Bank
  • Bukit Makmur.PT - Indonesia
  • Coal and Oil Company - UAE
  • Gresik Semen - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Indonesian Coal Mining Association
  • Kalimantan Lumbung Energi - Indonesia
  • Enel Italy
  • Aboitiz Power Corporation - Philippines
  • Independent Power Producers Association of India
  • Kobe Steel Ltd - Japan
  • White Energy Company Limited
  • London Commodity Brokers - England
  • Sojitz Corporation - Japan
  • Ministry of Finance - Indonesia