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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
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Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
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- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
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