COALspot.com keeps you connected across the coal world
  • NOVEMBER 2021 HBA FOR EXPORTS INCREASED BY $33.03% MOM, $85.79 YTM AND $183.50% YOY
  • NOVEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$215.01 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of the nation’s biggest export, iron ore, appears to have peaked. Markets for thermal coal, used for power generation, are booming around the world as a global recovery from the economic impacts of the COVID-19 pandemic drives up demand for energy. 
 
Metallurgical coal used in steel-making has also touched new highs as supply shortages combine with rebounding industrial activity. Federal government trade data to be released on Thursday reveals an expected 10 per cent rise in resources and energy earnings to hit an all-time high of $349 billion in 2021-22, before falling back to $299 billion in 2022-23. 
 
“The sector has gone from strength to strength and is performing better than it was pre-pandemic,”Federal Resources Minister Keith Pitt said. 
 
Coal producers were hit hard in 2020 as the shock of the pandemic pummelled prices and a diplomatic feud led to China banning Australian coal shipments. The sector has also been under mounting pressure as global warming concerns cause investors to flee, while the United Nations, ahead of an upcoming climate summit in Glasgow, is calling on all countries to commit to phasing out thermal coal between 2030-40.
 
Although this year’s price rally signifies coal’s enduring near-term demand as an abundant source of energy, the federal Industry Department notes the commodity faces “significant competing forces”. 
 
“Recent revenue surges are likely to run up against longer-term structural issues in the coal market,” it said. 
 
”Investor and policy pressure has grown in recent years, and the global coal-fired power plant construction pipeline has contracted since 2015.” 
 
Still, the share prices of ASX-listed coal miners have been rallying in the past month. Investment bank Morgan Stanley described Whitehaven Coal, whose value has jumped almost 50 per cent since August, as a “cash machine” amid expectations of higher coal prices lasting well into 2022.
 
Prices for the key steel-making ingredient iron ore, however, have been falling rapidly. China, by far the world’s biggest consumer of the commodity, has been seeking to cut steel mills’ output and tackle carbon emissions for the third straight month. After hitting a record $US230 a tonne in May, iron ore has had its value slashed in half and is now trading below $US110 a tonne, hammering the share prices of the mining giants BHP, Rio Tinto and Fortescue. 
 
UBS analyst Myles Allsop said  Chinese  steel  production had weakened since July as Beijing put pressure on provinces to materially cut energy consumption and intensity to meet targeted emissions cuts of 3 per cent year-on-year. Problems plaguing top Chinese property developer Evergrande had also triggered a slowdown in construction reducing steel demand, he said. Australia’s iron ore exports reached a record $153 billion in 2021 on the back of an aggressive infrastructure building blitz in China and weaker iron ore out put from mines in Brazil, but is forecast to fall by as much as 35 per cent by 2022-23. 
Source: The Sydney Morning Herald


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

Recent News

Wednesday, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...


Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...


Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC   U.S. coal exports to Asia—once heralded as the saving gra ...


Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...


Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...


   63 64 65 66 67   
Showing 321 to 325 news of total 6470
News by Category
Popular News
 
Total Members : 27,644
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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