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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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Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...
Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...
Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...
Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum for power plants at Toranagallu and Jaigad.
Accordign to JSWE's websit ...
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- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
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