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Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China as the sharp rise in coal prices and strong demand will benefit the company's financial results this year.
Chief financial officer Somrudee Chaimongkol said Banpu's average selling price for coal was projected to top US$80 per tonne in 2011 compared to $73 last year.
Coal at Australia's Newcastle port, an Asian benchmark, surged to a two-year high of $126.10 at the end of 2010 after rains and severe floods disrupted supplies in the country, which is the world's largest exporter of the fuel.
"The price of coal to be shipped in the first quarter was already fixed last year. The market's higher coal prices, however, will help increase Banpu's average selling price to more than $80 per tonne in 2011," she said.
Banpu on Tuesday informed the Stock Exchange of Thailand that its coal mine in Daning had suspended operations since Dec 31 pending a licence renewal.
The mine, operated by Shanxi Asian-American Daning Energy (SAADEC), is Banpu's largest mine in China with planned production of 4 million tonnes this year. Its Chinese wholly owned subsidiary Asian-American Coal (AACI) owns a 56% stake of SAADEC, contributing equity income of 2.16 billion baht to Banpu in the first nine months of 2010.
Ms Somrudee said the company was reviewing the Daning stoppage, but output from the mine was small compared to total figures.
The miner projects to almost double its coal output to 43 million tonnes this year from 22.5 million tonnes in 2010. Sydney-based Centennial Coal, which Banpu acquired last year, will contribute 14.5 million tonnes while Indonesian coal mines produce 26 million tonnes. To read more Bangkok Post
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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
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- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
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