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.
|
|
Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
|
|
|
Showing 5651 to 5655 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
|
| |
| |
|
