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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices higher in the short term, with strong realised prices in 2022 boosting its annual revenue.
The comments come after China, Australia’s largest coal importer and trade partner, earlier this month lifted an unofficial ban on coal imports and others commodities from the country after a nearly three-year long geopolitical tussle.
The Brisbane, Queensland-based miner, which has not typically sold coking coal to China, said last week it had received enquires for long-term supply as Beijing lifted its unofficial ban on coal imports from Australia.
“Coronado expects Australian metallurgical (met) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or U.S. met coal production, particularly to the Chinese steelmakers in southern regions,” the company said.
Chief Executive Officer Gerry Spindler said he expects met coal prices to remain above historical averages throughtout 2023 due to the ongoing trade constraints for Russian coal and elevated thermal coal demand and prices.
The coal miner posted annual revenue of $3.57 billion, 66% higher than last year with average realised prices more than doubling to $303.1 per tonne.
However, its coal sales volume for the year fell 7.7%, sending shares of Coronado Global 3.3% lower to A$2.07 at 0336 GMT.
Source: Reuters
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Saturday, 08 May 21
THE COAL-TO-RENEWABLES TRANSITION TAKES OFF - IEEFA
Pre-Biden changes underscore coming 10-year wave of coal plant retirements
The traditional S-curve growth exhibited by disruptive te ...
Friday, 07 May 21
CHINA'S TOTAL COAL IMPORTS FOR 2020 REACHED A VOLUME OF 304 MILLION TONS - ASSOCARBONI
Our benchmarks, manufacturing Countries like China, Germany, Japan, India, South Korea and Taiwan will continue to use a mix of coal and nuclear to ...
Friday, 07 May 21
SEABORNE WORLD COAL TRADE CLOSED 2020 IN NEGATIVE - ASSOCARBONI
Coal confirmed its leadership as leading fuel for electricity generation also in 2020, accounting for 38% of overall production. For the first time ...
Friday, 07 May 21
INDONESIA'S THERMAL COAL EXPORTS IN 2020 DECREASED BY 13%; INDIA REMAINED THE TOP DESTINATION FOR INDONESIAN COAL - ASSOCARBONI
An increase in seaborne trade is forecast for 2022, driven by markets in Southeast Asia, where growing demand for coal from Bangladesh, the Philipp ...
Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
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- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- The University of Queensland
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Aditya Birla Group - India
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