Monday 23 November 2015

Global Coal Consumption Heads for Biggest Decline in History

Coal consumption is poised for its biggest decline in history, driven by China’s battle against pollution, economic reforms and its efforts to promote renewable energy.



Global use of the most polluting fuel fell 2.3 percent to 4.6 percent in the first nine months of 2015 from the same period last year, according to a report released Monday by the environmental group Greenpeace. That’s a decline of as much as 180 million tons of standard coal, 40 million tons more than Japan used in the same period.

[http://www.fool.com/ecap/the_motley_fool/buffett-threat/?psource=esatab7410860178&utm_campaign=buffettthreat-intl&campaign=the-motley-fool&utm_term=bloomberg&paid=8484&waid=8482&utm_medium=contentmarketing&utm_source=taboola&wsource=esatab7410860179&cellId=0&testId=buffett-threat]

ACRRA

The Accounting and Corporate Regulatory Authority (ACRA) is the national regulator of business entities and public accountants in Singapore. ACRA also plays the role of a facilitator for the development of business entities and the public accountancy profession.

[https://www.acra.gov.sg/about_Acra/]

Sunday 22 November 2015

esdm


Visi dan Misi

VISI

Terwujudnya pengelolaan sumber daya mineral, batubara, panas bumi, dan air tanah yang berkelanjutan dan berwawasan lingkungan untuk memberikan manfaat yang sebesar-besarnya bagi kemakmuran rakyat.

MISI

  1. Melaksanakan pembangunan di bidang mineral, batubara, panas bumi, dan air tanah dengan memberikan manfaat dan nilai tambah yang optimal.
  2. Mewujudkan sumber daya manusia yang profesional, berdaya saing tinggi, dan bermoral dalam lingkungan global.
  3. Meningkatkan pembinaan kualitas penyelenggaraan personil, pendanaan, prasarana, dan dokumen.
  4. Mewujudkan Direktorat Jende

[http://www.esdm.go.id/directorate-general-of-mineral-and-coal/contact.html]

Black Mineral

Currently Asia Strategic Mining Corporation has been identified as one of the promising Coal Mining company in Singapore which has potential to expand in Indonesia.

Black Mineral provides a platform for the man on the street with direct access in coal mining. This out of the box and most of all a safe solution to partake in this lucrative coal mining industry without the need of complex responsibilities saves tremendous time and effort for the smart and savvy funders. Many funders are taking advantage of this opportunity for saving plans, family trust funds and personal pensions.

 [http://blackmineral.com.sg/funding-opportunity]

China tighted Coal Import -Wood Mackenzie

Australia's struggling coal miners need to brace for several more years of low prices before the current glut in supply is absorbed, with the risk things get worse before they get better as China may impose even tougher import restrictions, according to consultancy Wood Mackenzie.


China Coal Import dropped by 17 % in August 2015

* Imports from Jan to Aug down 31.3 pct on year* Currency devaluation erodes competitiveness of imports
* Exports rise 29.3 percent (Adds detail, background)
BEIJING, Sept 8 China, the world's largest coal buyer, imported 17.49 million tonnes of the fuel in August, down 17.7 percent from July, with already weak demand affected by a currency devaluation that made foreign coal more expensive.

Read more at Reutershttp://www.reuters.com/article/2015/09/08/china-economy-trade-coal-idUSL4N11E1P920150908#OYrMDZu6MUC4QDeg.99
 
 

Global thermal coal long-term outlook H1 2015

Coal consumption is under pressure. In developing economies, coal demand continues to grow but more slowly than in the past. In China, environmental policy, domestic protectionism, weaker economic growth and structural change in the economy caused the arrival of "peak coal" last year in coastal regions.

Meanwhile, western economies continue to transition away from coal. Seaborne providers are adapting. Low oil prices, mining productivity improvements  and FOREX changes are helping miners adapt.

[http://www.woodmac.com/reports/coal-global-thermal-coal-long-term-outlook-h1-2015-29372108]