We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
 China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers for this year's annual contract prices, its board secretary, Huang Qing, said on Monday.
Earlier Chinese media reports had said Shenhua had offered lower prices to overseas clients, but Huang denied this.
"We treat our domestic and overseas clients fairly. It's impossible that we would offer lower prices to overseas clients than domestic clients," Huang told Reuters.
"The negotiation has not concluded yet and therefore the price is still unknown."
Huang also said a local newspaper report that Shenhua expected the term price with Japanese and Korean clients to be 540 yuan, or $79, a tonne was wrong.
"Overseas clients are still negotiating what grades of coal they would buy. One can't simply take the price, 540 yuan, that we've reached with domestic clients on annual supply contracts for coal with 5,500 kcal/kg at ports, divide by 6.8 and come to the conclusion that we wanted to sell to overseas clients at $79. It's definitely wrong."
Huang said he did not know when the negotiation would end.
Shenhua said earlier that by the end of the first quarter, it had accomplished its target of signing the domestic long-term contracts for the year. Price for thermal coal with calorific value of 5,500 kcal/kg was increased to 540 yuan a tonne, including of value-added tax.
China's top five power generating groups have not yet finished signing this year's annual supply contracts, industry sources said.
"The company strengthened the relationship with major customers and explored small and medium customers," said Huang. But he declined to comment on whether Shenhua has signed annual term contracts with the top five power firms.
Shenhua's commercial coal output in May jumped 19 percent from a year earlier to 18.2 million tonnes, but coal exports tumbled 60 percent on the year to 800,000 tonnes, the company said in a statement. ($1=6.838 Yuan)
Source:http://www.reuters.com/article/rbssEnergyNews/idUSSHA3233420090615
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
|
|
|
Showing 6756 to 6760 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Planning Commission, India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
|
| |
| |
|
