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Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
 China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure supplies and help stabilize prices, the nation’s top economic planner said.
The province will complete the construction of four to six coal stockpile bases within the next three to five years, the National Development and Reform Commission said in a statement on its Web site today. The bases will each have a capacity to store more than 20 million metric tons of coal.
Shandong’s annual coal shortage may rise to more than 190 million tons next year, according to the commission. Coal prices at China’s Qinhuangdao port, a domestic benchmark, soared to a record in July last year and since then have almost halved as the global recession reduced energy demand.
"The province needs to build coal stockpiles and transit bases urgently to cope with potential energy supply disruptions,” the commission said. "Coal resources will become tighter in the long term, and it will be harder to secure resources from the outside market.”
Shandong, the nation’s second-most populous province, produced 135 million tons of coal last year, while provincial demand was 270 million tons, the commission said. By next year, coal consumption may rise to 311 million tons and output may be less than 150 million tons, the economic planner said. China produced 2.6 billion tons of coal in 2008.
Coal Imports
The bases will be stocked with coal from local mines and possibly imports from countries including North Korea, Indonesia and Vietnam, the commission said, without elaborating.
"Shandong needs more coal from the outside market compared with other provinces, so it’s necessary for them to build some stockpiles,” Wang Shuai, a mining analyst at Orient Securities Co., said by telephone in Shanghai. “On a national level, it may not be that urgent to build coal stockpiles now as China is self-sufficient.”
The four bases will be located in Longkou, Laiwu, Zhucheng and Qihe in the first phase and two more will be built in Rizhao and Heze “when the time is ripe,” the commission said.
The base in Longkou city will start operations in October and will eventually have a capacity of 50 million tons, the commission said.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ashxl8kfqenM
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Friday, 08 May 09
INDONESIAN STATE AUDIT BOARD COULD ONLY REACHED A SMALL NUMBER OF KP AND PKP2B - MAJALAHTAMBANG
THE LACK of personnel and the very limited time period have been the reasons why the 2nd semester of the special purpose audit for coal mining ...
Friday, 08 May 09
B.C.'S MINING INDUSTRY HIGH COAL PRICES TO RECORD 2008 PROFITS - PAGUNTAKA
AGGREGATE pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.
B.C.’s minin ...
Thursday, 07 May 09
ASIA COAL-PRICES EASE TO NEAR $63 ON DEMAND CONCERNS - REUTERS
AUSTRALIAN thermal coal prices, a benchmark for Asia, edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $6 ...
Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine mo ...
Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
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- PNOC Exploration Corporation - Philippines
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- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
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- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Coal and Oil Company - UAE
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- Tata Chemicals Ltd - India
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- Straits Asia Resources Limited - Singapore
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- Thiess Contractors Indonesia
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- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
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- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
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- Bhushan Steel Limited - India
- Eastern Coal Council - USA
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- Indian Oil Corporation Limited
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- The State Trading Corporation of India Ltd
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- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Wilmar Investment Holdings
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- White Energy Company Limited
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- GMR Energy Limited - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
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- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Planning Commission, India
- Siam City Cement PLC, Thailand
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- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
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