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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$2.07 at 0336 GMT.
Source: Reuters
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Wednesday, 07 December 22
INDIA'S STEEL MINISTRY SEEKS IMPORT TAX WAIVER FOR COKING COAL - SOURCES REUTERS REPORTED
India’s steel ministry has asked the finance ministry for a waiver of import tax on coking coal among a slew of raw materials, as it scramble ...
Tuesday, 06 December 22
INDIA'S COAL PRODUCTION RISES 17% IN APR-NOV PERIOD - PTI
The country’s coal production increased 17 per cent to 524.20 million tonnes in the April-November period of the ongoing fiscal.
...
Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for ...
Saturday, 03 December 22
COMPLEX RUSSIAN PRICE CAP MAKES MARITIME VISIBILITY A MUST - WINDWARD
Many commentators and analysts are speculating about the potential impact the Russian seaborne oil price cap will have on organizations and entitie ...
Friday, 02 December 22
INDONESIAN COAL PRICE REFERENCE PLUNGE TOWARD US$ 281.48 A TON AS DEMAND DROPS WORLDWIDE
COALspot.com: The cost of coal is falling so fast that it is beginning to put real money back in the pockets of end-users.
Indonesia ...
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- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- The University of Queensland
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- White Energy Company Limited
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
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