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Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on recovering power demand and supply constraints.
Newcastle thermal coal futures – Asia’s benchmark – averaged $168.52 a tonne in the September quarter, Whitehaven said, more than tripling from a year earlier and 54% higher from the prior three months.
Whitehaven said it would be in a net cash position by March 2022 as it expects coal prices to remain high on industrial activity rebounding, tighter supply due to adverse weather conditions and export restrictions in Indonesia.
Its average realised price of $142 a tonne was lower than the Asia benchmark’s in the quarter as over half of its thermal coal book was priced in the prior periods.
Whitehaven said it expects to rake in the benefits of higher prices in the coming months.
Global supply constraints and recovering demand for energy has led to power shortages in China, India and Europe.
Whitehaven, which reaffirmed its fiscal 2022 production guidance, reported a 4% drop in managed saleable coal production to 4.7 million tonnes from a year earlier.
Source: Reuters
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Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
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- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- The University of Queensland
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Planning Commission, India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
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