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Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 million tons to 1.3 billion in 2022 to ensure domestic energy supply.
Shanxi is also seeking to raise coal production by another 50 million tons next year, bringing its annual coal output to 1.35 billion tons, according to a circular issued by the provincial government.
While giving detailed methods to increase output, the local government urged increased attention be paid to coal production safety, including increasing work safety expenditure and accelerating the construction and restoration of smart coal mines.
Thanks to the supply-side structural reform, Shanxi’s coal industry has seen significant improvement in production efficiency, with advanced production capacity representing above 75 percent, Xinhua News Agency reported.
According to the National Bureau of Statistics, major coal mining enterprises in the province produced a total of 528 million tons of raw coal between January and May this year, with an average monthly output above 100 million tons.
Shanxi is a major coal production province in China, with its output accounting for around one-quarter of the country’s total volume. As of the end of February, there were 653 coal mines in the provinces, of which nine are large mines with capacity above 10 million tons a year.
Impacted by the prolonged pandemic and the Russia-Ukraine conflict, the prices of fossil fuels including coal, oil and natural gas surged to record highs, which, along with soaring shipping freight and a strong US dollar, which have constrained China’s coal imports this year.
According to latest data released by the General Administration of Customs of China, China imported 95.96 million tons of coal in the first five months of 2022, down 13.6 percent on a yearly basis.
Source: Global Times
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Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.
The investment ...
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- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
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- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
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- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
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- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
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- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
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- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- White Energy Company Limited
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
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- Standard Chartered Bank - UAE
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- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
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- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
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- MS Steel International - UAE
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
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- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
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- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Planning Commission, India
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- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
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- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
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- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
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- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
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