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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delivery between April 2010 and March 2011.
Industry eyebrows have been raised with the five utilities who combined own a 5% stake in the NSW Moolarben Mine securing the deal at USD 92.60 per tonne a significant gap between the physical and index prices of Australian coal.
Energy Publishing’s NEX Index for Newcastle spot coal was USD 103.15 per tonne FOB as at May 13th 2010. In April, long term thermal coal contracts for the Japanese fiscal year April 1st 2010 to March 31st 2011 were settled at USD 98 per tonne.
Late last month, Australia’s thermal coal hit an 18 month high of USD 108 per tonne while under a recent term deal, one Australian producer agreed to supply up to 2 million tonnes of coal at low USD 90s to a Korean utility. The Moolarben mine is owned by Felix Resources and located 40 kilometres north east of Mudgee in the Western Coalfields of New South Wales.
Source: Steel Guru / Energy Publishing
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Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
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- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
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- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
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- Commonwealth Bank - Australia
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- Sojitz Corporation - Japan
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- Global Green Power PLC Corporation, Philippines
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- Ministry of Mines - Canada
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- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
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- Jaiprakash Power Ventures ltd
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- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
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- Posco Energy - South Korea
- Baramulti Group, Indonesia
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- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
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- Bukit Asam (Persero) Tbk - Indonesia
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- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
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- Videocon Industries ltd - India
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- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Parliament of New Zealand
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- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
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- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
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- Latin American Coal - Colombia
- Planning Commission, India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- White Energy Company Limited
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- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
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- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
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- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
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- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
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- Medco Energi Mining Internasional
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- The University of Queensland
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