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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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Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...
Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...
Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...
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 fo ...
Monday, 15 June 09
POWER PLANT SUFFERS FROM COAL CRISIS - THE STATESMAN
The 3,000 mw NTPC-Kaniha power plant, the second biggest in the country, is facing an unprecedented coal crisis with stocks dipping to a low of only ...
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