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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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Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
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- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Planning Commission, India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Australian Coal Association
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- The University of Queensland
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
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