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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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Thursday, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
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- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- The University of Queensland
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- PTC India Limited - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
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