We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
 * Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are likely to fall 22 percent this year compared with 2008 to a total 37.3 million tonnes, the importers group VDKI said on Wednesday.
"We see a significant decline by 22 percent through the steel industry crisis and the likely reduced demand from power generators," said the chairman of VDKI, Erich Schmitz, at the organisation's annual news conference.
Such imports, complementing indigenous supplies and serving power generators and steelmakers, last year totalled 48.0 million tonnes.
Schmitz also said his organisation believed quarterly coal import prices measured by state statistics office BAFA could fall to 65-70 euros ($90.10-97.03) by the end of this year, 18.7 percent below 83 euros at the end of March.
The use of steam coal for power plants and coking coal and coke for steelmaking by Germany's export-geared industry slumped early in 2009, falling victim to the financial crisis which has depressed economic activity.
Coal producer countries China, India and Indonesia started investing heavily in new capacity in recent years, and now will have to curb planned growth rates, Schmitz said.
"The market tends towards a buyers market which should pressurise world market prices for steam and coking coal," he said, adding a strong euro against the dollar would also help.
"But world trade in steam coal (in 2009) should stay stable while the coking coal market will shrink by 40 to 50 million or 20 to 25 percent," said Schmitz, citing a comparably slow decline in coal-to-power use as electricity demand is robust.
CO2 WOES
The 69-member VDKI, based in the port of Hamburg but close to the Rhein-Ruhr region's heavy industries which it serves, is worried about the sustainability of coal burning amid public criticism of the carbon dioxide (CO2) pollution it causes.
"We argue against this with the plans for higher energy efficiency rates at coal-fired power units and the hoped-for success in capturing and storing CO2 at power stations (in a tested, but not proven, process called CCS)," said Schmitz.
If newbuilding and CCS efforts were combined and successful, German coal generators may cut CO2 emissions to 96 million tonnes a year by 2015 versus 111 million in 2008, he said.
Germany uses hard coal for 20 to 25 percent of its annual power generation, depending on demand and rival fuels.
It mined 18.5 million tonnes of hard coal equivalent units last year but this may fall to 13-14 million tonnes in 2009 under long-term phase-out plans, according to the VDIK.
Lignite, a cheaply mined domestic brown coal, continues to hold a stable share of another quarter of power supply.
Source: Reuters (http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLH57244220090617?sp=true)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...
Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast
* Says increased Chinese demand, driving brighter outlook
Teck Resources Ltd said on Fr ...
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...
Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...
|
|
|
Showing 6666 to 6670 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
|
| |
| |
|
