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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were supporting strong cash inflows.
Global coal prices have been touching near record highs, following fears of a supply crunch due to Western sanctions on Russia, the world’s third-largest exporter of coal, due to the Ukraine crisis.
The planned prepayment is part of the miner’s repayment towards its syndicated facility and its related-party loans, Yancoal said in a statement, leaving the miner with a $333 million syndicated term loan as its only remaining payable debt.
Of this, $301 million is due in the second half of 2024 and $32 million is due in the second half of 2026.
“Yancoal’s scale of production provides substantial cash inflows during periods of elevated coal prices, and the decision to undertake yet another debt prepayment was made possible by the recent coal price,” Yancoal Chief Executive Officer David Moult said.
Combined with debt prepayments in October 2021, July 2022 and October 2022, the planned $459 million debt prepayment will result in the miner having prepaid over $2.75 billion of debt in the last 15 months, the company said.
Source: Reuters
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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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- Minerals Council of Australia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Australian Coal Association
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
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