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Friday, 22 July 22
YANCOAL AUSTRALIA CUTS 2022 COAL OUTPUT VIEW AS FLOODS, COVID BITE - REUTERS
Coal miner Yancoal Australia Ltd YAL.AX cut its 2022 output forecast on Wednesday, signalling a hit from higher-than-expected rainfall, COVID-19-led labour shortages and cost pressures.
This month, torrential rain has pounded New South Wales (NSW) state, where several of Yancoal’s key projects are, forcing thousands of people to evacuate and leaving mining operations in limbo.
It comes at a time when inflation around the world is surging in the aftermath of the Russia-Ukraine crisis and as the company said it needs to revise a longwall mining sequence at its Moolarben project in NSW to preserve an Aboriginal heritage site.
Yancoal, which is subject to a potential takeover by China’s Yankuang Energy 600188.SS, 1171.HK, said it now expects 31-33 million tonnes (Mt) of attributable saleable coal production for the full year, down from an earlier forecast of 35-38 Mt.
It produced 15.5 Mt of attributable saleable coal in the first half, 11% lower than a year earlier.
Still, Yancoal and its peers stand to benefit from supercharged prices of coal due to sanctions on Russia after its invasion of Ukraine and as buyers in Europe look for alternate sources of the commodity.
The company said its average realised price in the first half was $314 per tonne, more than thrice the $94 per tonne it booked a year earlier. Peer Whitehaven Coal WHC.AX on Monday forecast record core earnings for the coming year.
Source: Reuters
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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
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Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- White Energy Company Limited
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Planning Commission, India
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
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