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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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Sunday, 03 July 22
CHINESE VICE PREMIER STRESSES CLEAN, EFFICIENT USE OF COAL - XINHUA
Chinese Vice Premier Han Zheng has stressed efforts to promote the clean and efficient use of coal, and pursue green, low-carbon and high-quality d ...
Sunday, 03 July 22
SOVEREIGN SECTOR OUTLOOK REVISED TO NEUTRAL ON UKRAINE WAR IMPACT - FITCH RATINGS
The deterioration in global sovereign credit conditions this year relative to our expectations at end-2021 has caused Fitch Ratings to change its g ...
Saturday, 02 July 22
GLOBAL SEABORNE COAL EXPORTS IN 2021 INCREASED BY 4.4% Y-O-Y TO 1147 MLN TONNES - BANCHERO COSTA
In the full 12 months of 2021, global seaborne coal exports increased by +4.4% y-o-y to 1147 mln tonnes, from 1099 mln tonnes in 2020, according to ...
Friday, 01 July 22
INDIA'S TOP CEMENT MAKER PAYING FOR RUSSIAN COAL IN CHINESE YUAN - REUTERS
India’s biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to a ...
Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
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- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Australian Coal Association
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Economic Council, Georgia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
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