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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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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 ...
Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
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- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
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