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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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Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
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- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Minerals Council of Australia
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- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
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- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
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- ICICI Bank Limited - India
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- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
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- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
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- Coal and Oil Company - UAE
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- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
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- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
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- Renaissance Capital - South Africa
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- Central Electricity Authority - India
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- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
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- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
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- MS Steel International - UAE
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- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Parliament of New Zealand
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- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
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- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Economic Council, Georgia
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- CNBM International Corporation - China
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- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
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