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Coal

2.845 Posts
Pagina: «« 1 ... 138 139 140 141 142 143 | Laatste | Omlaag ↓
  1. forum rang 10 voda 9 augustus 2023 08:20
    India's Coking Coal Import Surge
    By Strategic Research Institute on Aug 09, 2023 10:46 am

    In the maritime tapestry of India's trade currents, a noteworthy surge unfolds, as coking coal import traffic, akin to a maritime caravan laden with the black gold of industry, navigates the portscape. In the inaugural trimester of the current fiscal year, the fiscal compass points northward, recording a resounding ascent of 10.46%, a crescendo of growth that resonates as a testament to the nation's industrial mettle.

    The ledger of maritime commerce reveals its tale, the provisional estimation of coking coal's ingress through India's major ports, a canvas painted with a figure emblematic of opulence, stands at an impressive 20.162 million metric tons.

    In July coking coal totaled 5.175 million metric tons, up from 4.867 million metric tons in June
  2. forum rang 10 voda 29 augustus 2023 16:37
    Ach ja, en wij maar op iedere kilo CO2 besparen...

    Aantal kolencentrales in China blijft rap groeien

    Vandaag, 11:56 in FINANCIEEL

    BEIJING (ANP) - China blijft de komende jaren in hetzelfde tempo kolencentrales bijbouwen, ondanks het voornemen van de regering om het steenkoolgebruik vanaf 2025 langzaam te gaan afbouwen. In de eerste helft van dit jaar gaf het land vergunningen uit die opgeteld 52 gigawatt aan nieuwe kolenstroom mogelijk maken, melden twee internationale kenniscentra op het gebied van energie. Dat komt neer op twee vergunningen voor kolencentrales per week.

    Voor meer, zie link.

    www.telegraaf.nl/financieel/120681906...
  3. forum rang 10 voda 1 december 2023 11:06
    ’Werken in Oost-Europa is een verademing’
    Amsterdamse leverancier biokolen wil naar VS: ’Subsidies daar aantrekkelijker’
    THEO BESTEMAN

    Aangepast: 1 uur geleden Vandaag, 06:00 in FINANCIEEL

    AMSTERDAM - Het Nederlandse Perpetual Next, dat uit houtafval zogeheten biokolen maakt, verplaatst zijn hoofdzetel wellicht van Amsterdam naar de Verenigde Staten. Het bestuur wijst op het veel gunstiger Amerikaanse vestigingsklimaat voor ondernemers.

    Daar zijn subsidieprogramma’s voor duurzame activiteiten gunstiger. In de Amerikaanse staat Delaware is net het hoofdkantoor voor alle activiteiten in Noord- en Zuid-Amerika gebouwd. In Tampa in Florida kijkt Perpetual Next naar een locatie voor de productie van biokolen. Daarvoor heeft het vergevorderde plannen, aldus het bestuur, geleid door Erik Huis.

    Voor meer, zie link:

    www.telegraaf.nl/financieel/201776698...
  4. forum rang 10 voda 28 december 2023 07:44
    China's 2024 Tariff Impact on Coking Coal
    By Strategic Research Institute on Dec 28, 2023 10:42 am

    Synopsis:

    China plans to reintroduce a 3% import tariff on metallurgical coal starting January 1, 2024, following a zero-duty phase since May 2022. While coal imports from Australia and ASEAN remain untaxed, this change might affect coking coal imports from Russia and Mongolia. Market observers expect minimal impact on these nations due to competitive pricing and limited local supply but anticipate potential price rises and reduced supplier margins.

    Article:

    China's Tariff Commission of the State Council recently announced the reinstatement of a 3% import tariff on metallurgical coal effective from January 1, 2024. Notably, since May 1, 2022, China has maintained a zero provisional import duty rate, an initiative set to conclude on December 31, 2023. Coal imports from Australia and ASEAN countries will continue to enjoy a zero tariff under the respective free trade agreements.

    Despite this shift, experts foresee some repercussions for coking coal imports from Russia and Mongolia. As imports from these nations, outside Indonesia and Australia, constituted a significant portion this year, the tariff reinstatement might initially impact trade dynamics. However, the prevailing price competitiveness and limited local coking coal supply in China may mitigate substantial disturbances from this change. Nonetheless, expectations linger for potential price hikes and diminished supplier margins.

    The imposition of tariffs could significantly impact the supply of premium coking coal from North America. Australia might gain a competitive edge in this scenario, especially considering the constraints in accessing premium grades within the Chinese market, amplified by recent mine inspections following fatal accidents. These regulatory measures are expected to negatively affect overall coking coal availability in 2024.

    Conversely, the demand for coking coal might witness an upswing, potentially driving prices higher in the upcoming year. Meanwhile, China's stance on coke imports remains unchanged, maintaining a zero import tariff throughout 2024.

    Conclusion:

    China's decision to reintroduce a 3% import tariff on metallurgical coal in 2024 may steer dynamics within the global coal market. While expected impacts on Russian and Mongolian coal imports remain relatively subdued due to competitive pricing and limited local supply, the restructured trade landscape might lead to fluctuations in prices and supplier margins. Furthermore, the stricter regulatory measures in accessing premium coal from North America may further compound supply constraints, influencing market dynamics in the forthcoming year.

    Bron Steelguru (via email)
  5. forum rang 10 voda 9 januari 2024 08:21
    Demanding Banks End Metallurgical Coal Support
    By Strategic Research Institute on Jan 09, 2024 09:08 am

    Synopsis

    Over 67 organizations urge the world's leading banks to cease financial backing for new metallurgical coal ventures. Led by BankTrack and Reclaim Finance, they advocate for an end to standard practices, highlighting the detrimental climate impact and urging a swift transition to sustainable steel production methods.

    Article

    A coalition of 67 organizations, spearheaded by BankTrack and Reclaim Finance, is challenging 50 major banks globally to abandon financial support for new metallurgical coal production and expansions. This collective push aims to disrupt prevalent banking practices that facilitate the steel industry's reliance on metallurgical coal, a significant contributor to climate change.

    Metallurgical coal constitutes 14% of the global coal market, primarily fueling steel production through its conversion into coke. This material plays a vital role in primary steelmaking but has raised concerns due to its environmental impact.

    Julia Hovenier of BankTrack emphasized the urgency of transitioning away from metallurgical coal, citing its adverse implications for both the steel industry and climate change. Financial institutions, she argues, must adopt policies to curb the expansion of metallurgical coal to prevent exacerbating the climate crisis and potential stranded assets.

    While several banks have policies against thermal coal, only nine have taken a stance against metallurgical coal. Shockingly, these major banks have collectively provided $557 billion to the top 50 developers in the metallurgical coal sector since 2016.

    The International Energy Agency's projections indicate that current mining capacities suffice for coking coal demand until 2050. However, plans to expand production to 406 metric tons per year, over a third of 2021's total consumption, pose sustainability challenges, as reported by the Sierra Club.

    The open letter calls on banks to discontinue financial services for metallurgical coal projects, including mines' development or expansion. It insists on a commitment to cease services to companies without clear plans aligned with climate goals for closure and sustainable transition, emphasizing the criticality of moving away from coal for emissions reduction.

    Conclusion:

    The mounting pressure from a coalition of organizations on global banks reflects a growing consensus on the urgent need to pivot away from metallurgical coal. This concerted effort aims to compel financial institutions to align their practices with climate goals and drive the steel industry towards sustainable and low-carbon alternatives.
2.845 Posts
Pagina: «« 1 ... 138 139 140 141 142 143 | Laatste |Omhoog ↑

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