We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher prices of commodities such as coal and nickel as well as strong demand for steel products in North America.
Net profit for the three months climbed to a record 155.2 billion yen ($1.2 billion) from 107.3 billion yen a year earlier, but the company stuck to its annual profit forecast of 370 billion yen.
“Earnings from both resource and non-resource businesses have been stronger than anticipated earlier,” Sumitomo Chief Financial Officer Reiji Morooka told a news conference, adding that it may raise its profit guidance.
“On the other hand, the risk of a global economic slowdown and other uncertainties are increasing, and we will closely examine full-year forecasts going forward,” he said.
Sumitomo expects nickel production at its Ambatovy project in Madagascar to achieve its initial target of about 40,000 tonnes this financial year to March 31, after producing about 8,000 tonnes in the first quarter.
Increased oil and gas drilling activities in North America have also supported its steel pipe business in the April-June quarter and the company sees robust demand in pipes continuing through next March, Morooka said.
Asked whether Sumitomo expects any change in its business strategy in China amid rising tensions between China and Taiwan as well as China and the United States following U.S. House Speaker Nancy Pelosi’s visit to Taiwan, Morooka said no change is planned.
“It has become a major issue for us to think of how to deal with the heightened geopolitical risks triggered by not only the U.S.-China issue but also the Russia-Ukraine conflict,” Morooka said.
“We will pay close attention to the (U.S.-China) situation with high interest,” he said.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
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 ...
|
|
|
Showing 441 to 445 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Australian Coal Association
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
|
| |
| |
|
