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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel manufacturers, the electric and coal price in 2010 may rise by over 40%.
Dileep Srivastava, senior deputy chief executive officer of PT Bumi Resources investors' relationship noted that due to the recovering Asian economy and increasing investment in coal industry, Japan power plants may raise the steam coal price in the fourth quarter of 2010 to around US$100 per ton.
Dileep Srivastava expressed on October 9 in Singapore that the coal demand from China, India and Indonesia will maintain the price higher, however, the demand from the developed countries will continue stay normal.
PT Bumi Resources estimated that the average price of coal mines excluding the freight and other charges is US$61-62 per ton, while the price in 2008 was US$73.30 per ton.
Srivatsava said that the recovering steel demand may tie down the heat energy coal supply and boost the price.
According to the report on October 6, because the global crude steel production in 2010 will climb by 12% to 1.4bln tons setting a record, the hard coking coal price may soar to US$180 per ton from the previous expectation's US$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
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- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
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- Goldman Sachs - Singapore
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- Marubeni Corporation - India
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- Medco Energi Mining Internasional
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- Antam Resourcindo - Indonesia
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- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
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- Wilmar Investment Holdings
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- TNB Fuel Sdn Bhd - Malaysia
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- Petron Corporation, Philippines
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- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
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- Ministry of Transport, Egypt
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- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- The University of Queensland
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- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
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- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
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- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
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- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- VISA Power Limited - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
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- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
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