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Monday, 12 April 21
GLOBAL COAL PRODUCTION EXPECTED TO RISE BY 3.5% IN 2021, SAYS GLOBALDATA
 Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%). These were only partially offset by increases in China (4%) and India (0.7%). Additionally, during the last year, there was an estimated 3.5% reduction in the global thermal coal demand, while the world’s mettullurgical coal demand fell by 5.9%. However, global coal production is set to recover by 3.5% to 8bnt in 2021, according to GlobalData, a leading data and analytics company.
With the US coal industry already challenged by high production costs and low natural gas prices, the country’s output was severely impacted by the COVID-19 pandemic, with key companies halting their operations as part of preventive measures. Additionally, a decline in domestic demand as well as export market demand affected output from Indonesia and Russia.
Global coal production is expected to grow at a compound annual growth rate (CAGR) of 2.3% between 2021 and 2025 to reach 8.8bnt in 2025. While thermal coal production is expected to have a relatively marginal 2% CAGR to reach 7,549.6Mt, metallurgical coal is forecast to register stronger growth of 4.2% per year, to reach 1,216.9Mt in 2025.
Vinneth Bajaj, Associate Project Manager at GlobalData, comments: “India will be the largest contributor to this growth. Its production is expected to increase from 777.7Mt in 2020 to 1.2bnt in 2025. This will be followed by China, Indonesia, Australia and South Africa, whose combined production is expected to increase from an estimated 5bnt in 2021 to 5.43bnt in 2025. Other countries that are anticipated to bounce back strongly during 2021 include the US (9.3%) and Russia (8.4%). In contrast, production from Australia is expected to decline by around 4% in 2021, mainly because of concerns over the future of China-Australia trade.”
Looking ahead, 2.5% growth is expected in China in 2021, supported by the commencement of projects including Dahaize and Xinjiang Zhundongs. In addition, India, which, after flagging coal as an essential commodity, reported 0.7% growth in 2020, is expected to deliver 9% growth in output to reach 827.8Mt in 2021. The commercial auction of coal mines in India is expected to be a key production booster for the world’s second-largest coal producer. In early 2020, the Indian Government gave clearance to begin operations for 10 coal projects that included Kusmunda (62.5Mt at full capacity) in Chhattisgarh, and Rajmahal (24Mt) and Lakhanpur (21Mt) in Jharkhand.
Source: GlobalData
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Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...
Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies
In the lead up ...
Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...
Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...
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- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Australian Coal Association
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- PTC India Limited - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Economic Council, Georgia
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
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