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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 Friday it expects 2009 coal sales to be at the upper end of its previously announced range of 18 million to 20 million tonnes.
The company expects second quarter sales of about 5 million tonnes and third quarter sales in excess of 6 million tonnes.
Teck said its increased confidence in demand was due to a significant increase in sales to China. Furthermore, the company said its planned temporary production shutdowns at several mines have now been canceled in order to meet the increased demand.
The company said increased production and sales for the remainder of the year are expected to significantly reduce site unit operating costs. Cost of sales in 2009 are expected to be in the range of C$53 to C$56 per tonne.
Source; Reuters (http://www.reuters.com/article/marketsNews/idUSN2046484320090620)
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Monday, 22 June 09
SOUTH AFRICAN EXPORT COAL DECLINES ON WEAKENING EUROPEAN DEMAND
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, posted the first dro ...
Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
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- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Minerals Council of Australia
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- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- MS Steel International - UAE
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
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