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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 $80 per tonne in 2011," she said.
Banpu on Tuesday informed the Stock Exchange of Thailand that its coal mine in Daning had suspended operations since Dec 31 pending a licence renewal.
The mine, operated by Shanxi Asian-American Daning Energy (SAADEC), is Banpu's largest mine in China with planned production of 4 million tonnes this year. Its Chinese wholly owned subsidiary Asian-American Coal (AACI) owns a 56% stake of SAADEC, contributing equity income of 2.16 billion baht to Banpu in the first nine months of 2010.
Ms Somrudee said the company was reviewing the Daning stoppage, but output from the mine was small compared to total figures.
The miner projects to almost double its coal output to 43 million tonnes this year from 22.5 million tonnes in 2010. Sydney-based Centennial Coal, which Banpu acquired last year, will contribute 14.5 million tonnes while Indonesian coal mines produce 26 million tonnes. To read more Bangkok Post
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Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
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- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- PTC India Limited - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
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