COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
IEEFAThe biggest buyers of Australian thermal coal have committed to net-zero emissions

ANZ, Australia’s third largest bank, has decided to stop lending to the Port of Newcastle, the world’s largest thermal coal export terminal, under its new climate change policy to cut funding to the coal sector, including the associated infrastructure and service providers.
 
To look at the background to the bank’s divestment, Barometer’s Des Lawrence spoke with IEEFA’s Tim Buckley, Director of Energy Finance, Australia/South Asia.
 
Buckley says ANZ made an “entirely pragmatic decision” due to concerns that the port’s legal constraint, imposed by the NSW Premier, prevents it from diversifying – such that the port will become a stranded asset as the world rapidly moves away from thermal coal. A point that was made abundantly clear when the biggest buyers of Australian thermal coal, Japan, China and South Korea, committed to net-zero emissions last year.
 
“ANZ has a fiduciary duty to manage the risk-adjusted returns for all of its shareholders. It has to make sure that it is not financing stranded assets and left holding the can when ultimately the business it is financing is unable to deliver the returns it promised, pay the interest it committed to paying and most importantly, take back the capital involved,” he says.
 
“This is harsh, but all about a long-term capital management strategy.”


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...


Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...


Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...


Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6846
News by Category
Popular News
 
Total Members : 28,423
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Arch Coal - USA
  • Sakthi Sugars Limited - India
  • LBH Netherlands Bv - Netherlands
  • SN Aboitiz Power Inc, Philippines
  • APGENCO India
  • BNP Paribas - Singapore
  • Aditya Birla Group - India
  • Ceylon Electricity Board - Sri Lanka
  • Kobe Steel Ltd - Japan
  • White Energy Company Limited
  • South Luzon Thermal Energy Corporation
  • Pinang Coal Indonesia
  • Vizag Seaport Private Limited - India
  • Malco - India
  • Economic Council, Georgia
  • Semirara Mining and Power Corporation, Philippines
  • European Bulk Services B.V. - Netherlands
  • Coastal Gujarat Power Limited - India
  • Gresik Semen - Indonesia
  • Bhushan Steel Limited - India
  • Lanco Infratech Ltd - India
  • Power Finance Corporation Ltd., India
  • Bank of China, Malaysia
  • Sojitz Corporation - Japan
  • Tamil Nadu electricity Board
  • Xindia Steels Limited - India
  • Kumho Petrochemical, South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • CoalTek, United States
  • Kohat Cement Company Ltd. - Pakistan
  • Central Electricity Authority - India
  • Banpu Public Company Limited - Thailand
  • Idemitsu - Japan
  • Coal India Limited
  • ETA - Dubai
  • Bhoruka Overseas - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Deloitte Consulting - India
  • Mintek Dendrill Indonesia
  • GHCL Limited - India
  • Interocean Group of Companies - India
  • Vitol - Bahrain
  • Aboitiz Power Corporation - Philippines
  • PLN Batubara - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Georgia Ports Authority, United States
  • Indo Tambangraya Megah - Indonesia
  • Japan Coal Energy Center
  • Bhatia International Limited - India
  • IHS Mccloskey Coal Group - USA
  • Intertek Mineral Services - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Panama Canal Authority
  • Indogreen Group - Indonesia
  • Siam City Cement - Thailand
  • Makarim & Taira - Indonesia
  • Cement Manufacturers Association - India
  • JPower - Japan
  • Essar Steel Hazira Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Star Paper Mills Limited - India
  • San Jose City I Power Corp, Philippines
  • Coeclerici Indonesia
  • Qatrana Cement - Jordan
  • Coal and Oil Company - UAE
  • SMC Global Power, Philippines
  • Tanito Harum - Indonesia
  • IEA Clean Coal Centre - UK
  • Indian Oil Corporation Limited
  • PetroVietnam
  • ACC Limited - India
  • Glencore India Pvt. Ltd
  • Cigading International Bulk Terminal - Indonesia
  • Shenhua Group - China
  • Energy Link Ltd, New Zealand
  • Permata Bank - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Mercator Lines Limited - India
  • Thriveni
  • OPG Power Generation Pvt Ltd - India
  • DBS Bank - Singapore
  • Asia Cement - Taiwan
  • Chettinad Cement Corporation Ltd - India
  • GB Group - China
  • Madhucon Powers Ltd - India
  • McConnell Dowell - Australia
  • PNOC Exploration Corporation - Philippines
  • Sucofindo - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Agrawal Coal Company - India
  • Global Coal Blending Company Limited - Australia
  • Metalloyd Limited - United Kingdom
  • SASOL - South Africa
  • Marubeni Corporation - India
  • Rashtriya Ispat Nigam Limited - India
  • EIA - United States
  • Price Waterhouse Coopers - Russia
  • Singapore Mercantile Exchange
  • J M Baxi & Co - India
  • Africa Commodities Group - South Africa
  • Alfred C Toepfer International GmbH - Germany
  • Meralco Power Generation, Philippines
  • Jaiprakash Power Ventures ltd
  • TRAFIGURA, South Korea
  • Noble Europe Ltd - UK
  • Lafarge - France
  • Cemex - Philippines
  • Platou - Singapore
  • Planning Commission, India
  • Parliament of New Zealand
  • CIMB Investment Bank - Malaysia
  • Central Java Power - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Freeport Indonesia
  • Wilmar Investment Holdings
  • GMR Energy Limited - India
  • Meenaskhi Energy Private Limited - India
  • TNPL - India
  • Sindya Power Generating Company Private Ltd
  • Bulk Trading Sa - Switzerland
  • Mitsubishi Corporation
  • Heidelberg Cement - Germany
  • Thomson Reuters GRC
  • UBS Singapore
  • IBC Asia (S) Pte Ltd
  • Pendopo Energi Batubara - Indonesia
  • Berau Coal - Indonesia
  • Adani Power Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Iligan Light & Power Inc, Philippines
  • Posco Energy - South Korea
  • JPMorgan - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • ANZ Bank - Australia
  • Eastern Energy - Thailand
  • Independent Power Producers Association of India
  • NTPC Limited - India
  • Anglo American - United Kingdom
  • PetroVietnam Power Coal Import and Supply Company
  • Kartika Selabumi Mining - Indonesia
  • Cosco
  • Siam City Cement PLC, Thailand
  • India Bulls Power Limited - India
  • Antam Resourcindo - Indonesia
  • Parry Sugars Refinery, India
  • Vale Mozambique
  • Directorate General of MIneral and Coal - Indonesia
  • Rudhra Energy - India
  • Xstrata Coal
  • Enel Italy
  • U S Energy Resources
  • Barclays Capital - USA
  • KPMG - USA
  • Ambuja Cements Ltd - India
  • Trasteel International SA, Italy
  • TGV SRAAC LIMITED, India
  • Cardiff University - UK
  • ICICI Bank Limited - India
  • Riau Bara Harum - Indonesia
  • Humpuss - Indonesia
  • Thai Mozambique Logistica
  • Mercuria Energy - Indonesia
  • Chamber of Mines of South Africa
  • The Treasury - Australian Government
  • Simpson Spence & Young - Indonesia
  • Credit Suisse - India
  • Mechel - Russia
  • Larsen & Toubro Limited - India
  • MEC Coal - Indonesia
  • Infraline Energy - India
  • Renaissance Capital - South Africa
  • CCIC - Indonesia
  • Indian Energy Exchange, India
  • Geoservices-GeoAssay Lab
  • Semirara Mining Corp, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Australian Coal Association
  • IMC Shipping - Singapore
  • Energy Development Corp, Philippines
  • Indonesian Coal Mining Association
  • Medco Energi Mining Internasional
  • Indonesia Power. PT
  • Moodys - Singapore
  • Bank of America
  • Holcim Trading Pte Ltd - Singapore
  • GNFC Limited - India
  • TANGEDCO India
  • Orica Australia Pty. Ltd.
  • Bangkok Bank PCL
  • Jorong Barutama Greston.PT - Indonesia
  • ASAPP Information Group - India
  • EMO - The Netherlands
  • Edison Trading Spa - Italy
  • Miang Besar Coal Terminal - Indonesia
  • Arutmin Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Manunggal Multi Energi - Indonesia
  • SRK Consulting
  • SGS (Thailand) Limited
  • Ernst & Young Pvt. Ltd.
  • Bukit Makmur.PT - Indonesia
  • Inspectorate - India
  • Ministry of Transport, Egypt
  • Bahari Cakrawala Sebuku - Indonesia
  • Core Mineral Indonesia
  • Merrill Lynch Commodities Europe
  • KEPCO - South Korea
  • Russian Coal LLC
  • CNBM International Corporation - China
  • Australian Commodity Traders Exchange
  • Mitra SK Pvt Ltd - India
  • WorleyParsons
  • Maruti Cements - India
  • Maheswari Brothers Coal Limited - India
  • Global Business Power Corporation, Philippines
  • Platts
  • Maersk Broker
  • BRS Brokers - Singapore
  • Sarangani Energy Corporation, Philippines
  • HSBC - Hong Kong
  • Grasim Industreis Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Maybank - Singapore
  • Salva Resources Pvt Ltd - India
  • Commonwealth Bank - Australia
  • The India Cements Ltd
  • TNB Fuel Sdn Bhd - Malaysia
  • GN Power Mariveles Coal Plant, Philippines
  • Petron Corporation, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Adaro Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Pipit Mutiara Jaya. PT, Indonesia
  • CESC Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Reliance Power - India
  • International Coal Ventures Pvt Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Goldman Sachs - Singapore
  • PowerSource Philippines DevCo
  • Directorate Of Revenue Intelligence - India
  • Savvy Resources Ltd - HongKong
  • Gujarat Sidhee Cement - India
  • NALCO India
  • Mitsui
  • Cebu Energy, Philippines
  • GVK Power & Infra Limited - India
  • World Coal - UK
  • Surastha Cement
  • Kideco Jaya Agung - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • New Zealand Coal & Carbon
  • Karbindo Abesyapradhi - Indoneisa
  • Globalindo Alam Lestari - Indonesia
  • Kaltim Prima Coal - Indonesia
  • globalCOAL - UK
  • Fearnleys - India
  • Ministry of Mines - Canada
  • MS Steel International - UAE
  • The State Trading Corporation of India Ltd
  • Cargill India Pvt Ltd
  • Minerals Council of Australia
  • RBS Sempra - UK
  • Barasentosa Lestari - Indonesia
  • Total Coal South Africa
  • Asian Development Bank
  • Videocon Industries ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • IOL Indonesia
  • Thailand Anthracite
  • Carbofer General Trading SA - India
  • Rio Tinto Coal - Australia
  • Straits Asia Resources Limited - Singapore
  • Tata Chemicals Ltd - India
  • Samsung - South Korea
  • Coaltrans Conferences
  • Eastern Coal Council - USA
  • Attock Cement Pakistan Limited
  • Runge Indonesia
  • Sical Logistics Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • Latin American Coal - Colombia
  • Merrill Lynch Bank
  • London Commodity Brokers - England
  • Orica Mining Services - Indonesia
  • UOB Asia (HK) Ltd
  • Electricity Authority, New Zealand
  • ING Bank NV - Singapore
  • Jindal Steel & Power Ltd - India
  • Port Waratah Coal Services - Australia
  • PLN - Indonesia
  • Deutsche Bank - India
  • Indika Energy - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Therma Luzon, Inc, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • The University of Queensland
  • bp singapore
  • Bharathi Cement Corporation - India
  • Oldendorff Carriers - Singapore
  • World Bank
  • Kobexindo Tractors - Indoneisa
  • VISA Power Limited - India
  • KOWEPO - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Indian School of Mines
  • Petrosea - Indonesia
  • TeaM Sual Corporation - Philippines
  • Thiess Contractors Indonesia
  • Inco-Indonesia
  • Tata Power - India
  • SMG Consultants - Indonesia
  • Altura Mining Limited, Indonesia
  • PTC India Limited - India
  • Ministry of Finance - Indonesia
  • Malabar Cements Ltd - India
  • Clarksons - UK
  • Samtan Co., Ltd - South Korea
  • Britmindo - Indonesia
  • Baramulti Group, Indonesia
  • Thermax Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Binh Thuan Hamico - Vietnam
  • Gupta Coal India Ltd
  • Vedanta Resources Plc - India
  • Wood Mackenzie - Singapore
  • Coalindo Energy - Indonesia
  • Coal Orbis AG
  • Mjunction Services Limited - India
  • Borneo Indobara - Indonesia
  • Romanian Commodities Exchange
  • McKinsey & Co - India
  • Peabody Energy - USA
  • Ince & co LLP
  • Shree Cement - India
  • Bukit Baiduri Energy - Indonesia
  • Formosa Plastics Group - Taiwan
  • Uttam Galva Steels Limited - India
  • Bangladesh Power Developement Board
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SUEK AG - Indonesia
  • Dalmia Cement Bharat India
  • Sinarmas Energy and Mining - Indonesia
  • OCBC - Singapore
  • KPCL - India
  • Indorama - Singapore
  • Jatenergy - Australia
  • Electricity Generating Authority of Thailand
  • Argus Media - Singapore