We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
 Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region reduces hydropower generation, said Puda Coal Inc. Chief Financial Officer Laby Wu.
“Demand is still strong,” Wu said in a phone interview from Beijing. “Prices will increase from 2009 due to strong demand for electricity generation. The southwest drought will also drive demand for thermal coal.”
China’s thermal coal prices jumped to an average 700 yuan to 800 yuan a metric ton in the fourth quarter from an average 400 yuan to 500 yuan for the year, she said. Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks on March 29 after the drought cut hydropower generation and raised demand from coal- fired plants.
Coal demand won’t be able to meet supply this year given a prediction from China’s top economic planning agency that electricity generation will grow 7 percent in 2010, while raw coal production will only rise 3 percent, Wu said.
China, the world’s biggest user and producer of coal, will remain a net importer of the fuel this year after buying for the first time last year as a nationwide safety crackdown closed about 1,000 small mines, Wu said.
Company Transition
U.S.-traded shares of Puda Coal have rallied 46 percent this year, spurred by the company’s transition into high margin mining production from low margin coal washing.
China’s demand for coal used to make steel is forecast to rise 5.6 percent to 38 million metric tons this year, according to Macquarie Group Ltd. last week.
Puda Coal expects mining of the fuel to comprise $20 million to $40 million in revenue this year and contribute profit of as much as $12 million after a zero input last year, Wu said.
Puda Coal is benefiting from the decision by the provincial government in Shaanxi, where the company is based, to put the company in charge of consolidating the industry including mine closures and mergers, Wu said. She expects the company to complete two mining acquisitions this quarter.
Source: Businessweek (By: Allen Wan. Editors: Richard Frost, Margo Towie)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
|
|
|
Showing 5861 to 5865 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Planning Commission, India
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
|
| |
| |
|
