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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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Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline
Coal prices have surged to the highest level in years in the U.S., and have soare ...
Saturday, 16 October 21
COAL IS 'KING' AS GAS PRICES SOAR, TOTAL CEO SAYS - AND IT’S BACKFIRING ON CLEANER ENERGY GOALS - CNBC
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grap ...
Saturday, 16 October 21
VIETNAM'S COAL-FIRED POWER MAY DOUBLE BY 2030 UNDER DRAFT ENERGY PLAN - REUTERS
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime min ...
Friday, 15 October 21
WINTER CHILL KEEPS CHINA'S COAL PRICES HIGH, POWER CRUNCH STOKES INFLATION - REUTERS
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel t ...
Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...
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- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Australian Coal Association
- London Commodity Brokers - England
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
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