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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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Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
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- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
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