We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
 China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on the year, or flat after tax effects, sources said on Thursday.
The price increase is in line with deals signed earlier in Shandong and Henan provinces, said the sources, including an executive at one of the power producers and a power industry official, both with knowledge of the negotiations.
The tonnage contracted so far, estimated at more than 100 million tonnes, accounts for up to 20 percent of the total annual coal consumption at these companies, the sources said.
"We've signed some contracts in certain regions, but deals with most of the expected regions are still up in the air," said the power company executive.
The industry official said the top five firms might sign annual deals for 200-300 million tonnes in all.
The top five state-owned power groups -- Huaneng, Datang, Guodian, Huadian and China Power Investment -- have been in talks with coal producers since December last year to try to agree contract prices.
The absence of a deal within China and the slowdown in demand overseas helped drive Chinese imports of coal to a record high in April, the last month for which data is available.
After the Henan and Shandong deals, analysts at Nomura said they expected the price to spread to the rest of China.
"We believe the rest of the coal miners in China may take the prices they have negotiated as benchmarks to finalise coal contracts in other provinces," Nomura analysts Ivan Lee and Evan Li Nomura said in a note to clients on June 5.
They said if the trend continued, it would improve earnings forecasts for the power firms' listed units: Datang Power, China Resources Power, Huaneng Power, Huadian Power and China Power.
Last week Chinese miner Yanzhou Coal said it had struck deals for 7.84 million tonnes with an average benchmark price of 502.62 yuan per tonne, including 4.29 million tonnes for power producers at 463.86 yuan per tonne, a 4 percent increase from 2008.
The provincial deals involve local coal mines, not top Chinese miners such as Shenhua, which has insisted this year's contract price for coal with calorific value of 5,500 kcal/kg (NAR) should rise to 540 yuan a tonne, or 17 percent higher than last year.
The power firms have so far rejected Shenhua's price, citing deep losses last year due to rising coal costs and lower power demand amid the economic downturn.
Source:http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSHA8440720090611
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
|
|
|
Showing 5286 to 5290 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- The University of Queensland
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
|
| |
| |
|
