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Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South East Power Co Ltd (KOSEP) bought 1.06 million tonnes of coal for delivery between next month and February 2010 from six sellers via a tender closed on Sept. 8, a source close to the deal said on Wednesday.
KOSEP made the purchase of Indonesian and Australian origin at $63-$65 per tonne on a free-on-board (FOB) basis for 6,080 kcal/kg (NG) and $56-$58 per tonne on a FOB basis for 4,900-5,350 kcal/kg (NG). Details of the six sellers were not available.
For the purchased tender, initially about five million tonnes were offered by 24 proposals for Indonesia, Australia and South Africa origins, the source said.
KOSEP did not buy an additional 60,000 tonnes because it received no bids, the source added.
Source: Reuters
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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 ...
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 ...
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