The Asia Miner

APR-JUN 2019

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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the asia miner • volume 16 • issue 2 2 FROM THE EDITOR The ASIA Miner® Suite 1, G02/685 Burke Road, Camberwell, Melbourne, Victoria, 3124 Australia Phone: + 61 3 9006 1742 Mobile: + 61 417 517 863 Publisher—Lanita Idrus, Editor— Sylwia Przybyla, Corporate Office 8751 East Hampden Ave, Suite B-1 Denver, Colorado 80231, U.S.A. Phone: +1 303-283-0640 Fax: +1 303-283-0641 President—Peter Johnson, Graphic Designer—Michael Florman, mflorman@semcopublish- ProducƟon Manager—Juanita Walters, jwalters@semcopublish- SubscripƟons: $120/year—Tanna Holzer, AccounƟng—Lorraine Mestas, INTERNATIONAL SALES U.S. & Canada, Sales —Victor MaƩeucci, vmaƩ Tel +1 440 257 7565 Scandinavia, U.K. & European, Sales—Colm Barry, Tel +46 (0) 736 334670 Germany, Austria, Switzerland, Sales— Gerd Strasmann, Tel +49202 28146483 Japan Sales—Masao Ishiguro, Tel +81 (3) 3719 0775 Indonesia Sales—Dimas Abdillah, Tel +6221 2940 6337 The ASIA Miner® is published quarterly and every endeavour is made to ensure the contents are correct at Ɵme of publicaƟon. The Publisher and Editors do not endorse the opinions expressed in the magazine. Editorial advice is non-specific and readers are advised to seek professional advice for specific issues. Images and wriƩen material submiƩed for publicaƟon are sent at the owners risk and while every care is taken, The ASIA Miner® does not accept liability for loss or damage. The ASIA Miner® reserves the right to modify editorial and adverƟsement content. The contents may not be reproduced in whole or in part without the wriƩen permission of the publisher. Copyright 2019 The ASIA Miner ISSN: 1832-7966 PHOTOCOPIES: AuthorisaƟon to photocopy arƟcles for internal corporate, personal, or instrucƟonal use may be obtained from the Copyright Clearance Center (CCC) at +1.978.750.8400. To obtain further informaƟon, visit The world and investors are talking, but will coal listen? Coal's trajectory appears to be zigzagging across the global stage, as the issue of climate change conঞnues to dominate government, corporate and social agenda. In our coal feature beginning on page 22, Tim Buckley, Director of Energy Finance Studies, Australasia IEEFA, reports on the reasons behind 100 globally significant financial insঞtuঞons divesঞng from thermal coal, and the future implicaঞons of this move for the commodity. The Australian coal market received a further shake up in late February brought on by the reported ban/ not ban by Chinese authoriঞes on Australian coal imports ahead of strict new regime of quotas. The purported ban followed a marked slowdown in processing Australian coking coal imports so far this year, and was centred on coking coal used in steel making. Ahead of the ban, Australian exporters had experienced significant delays in moving coal through the Dalian ports, with the average ঞme to process a load slipping from 25 days to 40 days since the start of 2019. But, Beijing and the Australian Government eventually denied the reports, claiming that there had simply been delays due to new environmental checks required by Chinese authoriঞes. And so, the Australian coal industry went into overdrive reporঞng "robust coal exports" in both Queensland and New South Wales in spite decisions to abandon the commodity from some companies and climate change concerns. Latest data from Coal Services confirmed that global demand for coal in 2018 increased on the previous year at "near record levels". Naturally, the Asian market drove the increase of coal demand, with India and China imporঞng nearly 37 per cent (6.2 million tonnes) and 18.3 per cent (28.9 million tonnes) more coal than last year. Coal export volumes to Vietnam also more than doubled, increasing to 1.8 million tonnes. NSW Minerals Council considers the increased demand a reflecঞon of Asia deploying more coal-fired power generaঞon capacity, including new high efficiency low emission (HELE) power plants. Yet, as the Australian Federal elecঞon looms, the current Australian Government is treading the coal line very tentaঞvely. Prime Minister Sco Morrison revealed a shortlist for the Underwriঞng New Generaঞon Investments (UNGI) program, which is designed to deliver technology-neutral, low-cost electricity generaঞon in Australia. Of the 12 shortlisted ventures, only one was a coal-based project. We will watch this space closely to track coal's progress throughout this year. In our Waste to Energy feature, we look at alternaঞve approaches to the issue of energy – both in producঞon and storage – like Hydrostor's emerging storage project using Terramin's Angas mine site. We also examine the emerging technologies and methods to aid the sector in dealing with its waste streams, reclaiming and converঞng them into secondary products. Our Leading Developments secঞon focuses on the new technological advances within the mining sector – from the management of tailings through to mining on the Moon. We also look at the issue of improving gender diversity within the extracঞve industry, from the ground, up to the leadership level. Our regional focus in this issue of The ASIA Miner is on Indonesia and South East Asia. Sylwia Przybyla Editor

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