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Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing international concern about climate change, Nikkei has learned.
The project is separate from the Vung Ang 2 coal power plant, which the governments of Japan and Vietnam are pursuing together. Environmental activist Greta Thunberg has called for the cancellation of Vung Ang 2.
Vinh Tan 3, planned for Binh Thuan Province in southern Vietnam, is scheduled to come online in 2024. The 2-gigawatt plant is expected to feature cutting-edge ultra-supercritical technology.
OneEnergy, a joint venture of Mitsubishi and Hong Kong’s CLP group, holds a 49% interest in the $2 billion project. State-owned Electricity of Vietnam owns another 29%. Chinese companies are handling materials procurement, construction and equipment delivery. The banking consortium behind Vinh Tan 3 includes Industrial and Commercial Bank of China. Standard Chartered and HSBC have pulled financing from the power plant.
Unlike Vung Ang 2, Vinh Tan 3 is not a national project, and the start date for construction has already been delayed, making it easier to bow out.
This marks Mitsubishi’s first time withdrawing from a coal plant project. The trading house has said it will not build any new facilities of this type after Vung Ang 2. It plans to contribute to development on power projects that are less harmful to the environment, including liquefied natural gas and renewables such as solar.
Source: Nikkei Asia
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Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Parliament of New Zealand
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
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