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