Britmindo News

Activity rises in ICI4 coal derivatives market

Singapore, 8 November (Argus) — Activity increased sharply in the ICI4 thermal coal derivatives market today, with a total of 70,000t trading and clearing on the CME.

Ministry approves coal DMO quota transfer proposals

The Ministry of Energy and Mineral Resources has approved proposals from some coal miners to sell part of their coal production to other miners via so-called coal DMO quota transfer mechanism to help

Coal DMO has reached 70% of full-year target: Official

The government said that realized coal domestic market obligation (DMO) as per November of this year has reached 85 million tons, or 70.25 percent of the full-year coal DMO target of 121 million tons.

Ministry approves additional coal output of 21.9m tons

The Ministry of Energy and Mineral Resources has approved request made by coal miners for additional coal output of 21.9 million tons this year, much lower than the government’s target of 100 million

Britmindo Group article published in the South China Morning Post

When Alan Nye passed the management of Britmindo on to his sons David and Stephen, he handed over a legacy of an honest and professional mining consultancy service. Today, the group continues to help

Thermal coal prices hit 6-year high

Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows hit end-20

Global thermal coal demand likely to outstrip supply in H2 2018

Global seaborne thermal coal supply is expected to fall short of expected demand in the second half of this year amid falling capital expenditures at key miners, Citi analysts said in a note Monday.

HBA coal reference price up to $96.61

The government sets its coal reference price (HBA) for June 2018 at US$96.61 per ton FOB, higher than $89.53 per ton set in May, according to Minister of Energy and Mineral Resources Decree No. 1857 K

Indonesian fishermen end Samarinda coal port protests

Local fishermen have agreed to refrain from blocking the loading and unloading of coal at the Indonesian port of Muara Berau at Samarinda in East Kalimantan.

Fitch: Falling Coal Investment to Support Asian Prices

(Fitch Ratings-Singapore/Beijing-23 May 2018) -- The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, which partly reflects