We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
 In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic metric driving the Australian economy. As we all know, mining plays a major role in our economic machine. Movements in the iron ore price, in particular, can have far-reaching consequences on everything from our exchange rate to the budgets our governments run.
So it was with much excitement that a record high iron ore price that reached more than US$200 a tonne earlier this year was received. That sent the share prices of the ASX’s biggest iron miners like BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO) to new all-time highs just a few months ago.
But equally momentous was the subsequent collapse the iron ore price has suffered through in the months since. The ‘red dirt’ was fetching as high as US$220 a tonne just a few months ago. But, today, it is asking just US$92.60 a tonne.
So if you were wondering why the Fortescue share price has now lost roughly 40% since late July, that’s probably a pretty good explanation.
As such, many investors might be wondering ‘where to from here?’ and hoping for an iron ore price forecast.
Ellison gives iron ore price forecast
Chriss Ellison is the executive chair of Mineral Resources Ltd (ASX: MIN), a mining and services company that has done exceptionally well over the past year (up around 35.5%). So it goes without saying that this is a man to get a decent iron ore price forecast from, if there is such a thing.
According to recent reporting in the Australian Financial Review (AFR), Mr Ellison is pushing ahead with his company’s expansion plans for iron ore, despite the recent price collapse. Ellison reportedly is expecting the iron ore price to “consolidate around US$100 a tonne”. Despite the distance between that price and the highs we saw earlier this year, this would still mean “handy margins” for a smaller player like Mineral Resources.
Ellison isn’t the only one looking at US$100 iron ore. The report also quotes Glyn Lawcock, of Barranjoey Capital Partners. Mr Lawcock is expecting the iron ore price to average “above US$100” in 2022. He points to what he sees as the potential for higher Chinese steel output once the 2022 Winter Olympics finish in Beijing next year.
So, if these experts are to be believed, the days of US$200-plus iron ore are over, at least for now. But they also clearly aren’t of the opinion that there isn’t still money to be made from the iron ore price.
Should you invest $1,000 in Mineral Resources right now?
Before you consider Mineral Resources, you’ll want to hear this.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Mineral Resources wasn’t one of them.
The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.
Source: Motley Fool
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
Wednesday, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
|
|
|
Showing 361 to 365 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
|
| |
| |
|
