COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...


Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal * Chinese owner must list the assets on Australian exchange Reuters reported that, ...


Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...


Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said. The proposed Balaclava ...


Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...


   1261 1262 1263 1264 1265   
Showing 6311 to 6315 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Bangkok Bank PCL
  • Meenaskhi Energy Private Limited - India
  • Central Electricity Authority - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Australian Commodity Traders Exchange
  • Inspectorate - India
  • Banpu Public Company Limited - Thailand
  • Indorama - Singapore
  • ANZ Bank - Australia
  • TeaM Sual Corporation - Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Orica Mining Services - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Bharathi Cement Corporation - India
  • Bhatia International Limited - India
  • Kumho Petrochemical, South Korea
  • Ministry of Finance - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Kobexindo Tractors - Indoneisa
  • Barasentosa Lestari - Indonesia
  • Enel Italy
  • Parliament of New Zealand
  • Argus Media - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Malco - India
  • Vitol - Bahrain
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Adaro Indonesia
  • Adani Power Ltd - India
  • Toyota Tsusho Corporation, Japan
  • SMG Consultants - Indonesia
  • Medco Energi Mining Internasional
  • Credit Suisse - India
  • Anglo American - United Kingdom
  • The India Cements Ltd
  • Arutmin Indonesia
  • Runge Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Indonesia Power. PT
  • Indogreen Group - Indonesia
  • PowerSource Philippines DevCo
  • Idemitsu - Japan
  • Global Business Power Corporation, Philippines
  • Bhoruka Overseas - Indonesia
  • Platou - Singapore
  • KEPCO - South Korea
  • Deloitte Consulting - India
  • Peabody Energy - USA
  • New Zealand Coal & Carbon
  • Moodys - Singapore
  • Aditya Birla Group - India
  • APGENCO India
  • Carbofer General Trading SA - India
  • Lafarge - France
  • GVK Power & Infra Limited - India
  • Bulk Trading Sa - Switzerland
  • ACC Limited - India
  • Permata Bank - Indonesia
  • Singapore Mercantile Exchange
  • Fearnleys - India
  • HSBC - Hong Kong
  • Romanian Commodities Exchange
  • Thomson Reuters GRC
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Mintek Dendrill Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Directorate Of Revenue Intelligence - India
  • World Coal - UK
  • ICICI Bank Limited - India
  • Sical Logistics Limited - India
  • Electricity Generating Authority of Thailand
  • Vale Mozambique
  • Energy Link Ltd, New Zealand
  • EMO - The Netherlands
  • RBS Sempra - UK
  • Thriveni
  • Mitsubishi Corporation
  • Coaltrans Conferences
  • Cargill India Pvt Ltd
  • Tata Chemicals Ltd - India
  • VISA Power Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Parry Sugars Refinery, India
  • Mercuria Energy - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • The University of Queensland
  • Clarksons - UK
  • DBS Bank - Singapore
  • The Treasury - Australian Government
  • Sree Jayajothi Cements Limited - India
  • KOWEPO - South Korea
  • Bank of America
  • Rudhra Energy - India
  • Thailand Anthracite
  • South Luzon Thermal Energy Corporation
  • GMR Energy Limited - India
  • SUEK AG - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Thermax Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Sindya Power Generating Company Private Ltd
  • Madhucon Powers Ltd - India
  • JPMorgan - India
  • World Bank
  • Marubeni Corporation - India
  • Indonesian Coal Mining Association
  • Ind-Barath Power Infra Limited - India
  • Georgia Ports Authority, United States
  • Siam City Cement PLC, Thailand
  • CCIC - Indonesia
  • bp singapore
  • Inco-Indonesia
  • Asian Development Bank
  • SASOL - South Africa
  • Gupta Coal India Ltd
  • Coeclerici Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Merrill Lynch Bank
  • Jorong Barutama Greston.PT - Indonesia
  • GNFC Limited - India
  • Uttam Galva Steels Limited - India
  • Energy Development Corp, Philippines
  • Thai Mozambique Logistica
  • U S Energy Resources
  • McConnell Dowell - Australia
  • Star Paper Mills Limited - India
  • Bhushan Steel Limited - India
  • Attock Cement Pakistan Limited
  • GAC Shipping (India) Pvt Ltd
  • Reliance Power - India
  • Krishnapatnam Port Company Ltd. - India
  • Freeport Indonesia
  • Jatenergy - Australia
  • Petrochimia International Co. Ltd.- Taiwan
  • Shree Cement - India
  • Samtan Co., Ltd - South Korea
  • Intertek Mineral Services - Indonesia
  • Bank of China, Malaysia
  • Maruti Cements - India
  • Mitsui
  • Borneo Indobara - Indonesia
  • McKinsey & Co - India
  • ETA - Dubai
  • Africa Commodities Group - South Africa
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Tata Power - India
  • Latin American Coal - Colombia
  • Mjunction Services Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Petrosea - Indonesia
  • Australian Coal Association
  • Glencore India Pvt. Ltd
  • Rio Tinto Coal - Australia
  • Independent Power Producers Association of India
  • TNPL - India
  • Core Mineral Indonesia
  • Wilmar Investment Holdings
  • BRS Brokers - Singapore
  • OCBC - Singapore
  • Sinarmas Energy and Mining - Indonesia
  • Cosco
  • Leighton Contractors Pty Ltd - Australia
  • Maersk Broker
  • Asia Cement - Taiwan
  • Larsen & Toubro Limited - India
  • Siam City Cement - Thailand
  • AsiaOL BioFuels Corp., Philippines
  • NTPC Limited - India
  • SGS (Thailand) Limited
  • KPCL - India
  • Bangladesh Power Developement Board
  • Kideco Jaya Agung - Indonesia
  • Commonwealth Bank - Australia
  • Gujarat Sidhee Cement - India
  • BNP Paribas - Singapore
  • Geoservices-GeoAssay Lab
  • Mercator Lines Limited - India
  • Platts
  • Power Finance Corporation Ltd., India
  • PLN Batubara - Indonesia
  • Edison Trading Spa - Italy
  • Mechel - Russia
  • Economic Council, Georgia
  • Manunggal Multi Energi - Indonesia
  • Simpson Spence & Young - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Ministry of Transport, Egypt
  • TNB Fuel Sdn Bhd - Malaysia
  • UBS Singapore
  • Total Coal South Africa
  • Makarim & Taira - Indonesia
  • Renaissance Capital - South Africa
  • GN Power Mariveles Coal Plant, Philippines
  • Savvy Resources Ltd - HongKong
  • Planning Commission, India
  • EIA - United States
  • Heidelberg Cement - Germany
  • Electricity Authority, New Zealand
  • Cigading International Bulk Terminal - Indonesia
  • TGV SRAAC LIMITED, India
  • Meralco Power Generation, Philippines
  • KPMG - USA
  • Interocean Group of Companies - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Grasim Industreis Ltd - India
  • Qatrana Cement - Jordan
  • London Commodity Brokers - England
  • Ernst & Young Pvt. Ltd.
  • LBH Netherlands Bv - Netherlands
  • Jindal Steel & Power Ltd - India
  • Barclays Capital - USA
  • Vedanta Resources Plc - India
  • Lanco Infratech Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sucofindo - Indonesia
  • White Energy Company Limited
  • Jaiprakash Power Ventures ltd
  • globalCOAL - UK
  • Maheswari Brothers Coal Limited - India
  • IMC Shipping - Singapore
  • Agrawal Coal Company - India
  • JPower - Japan
  • CoalTek, United States
  • Panama Canal Authority
  • IOL Indonesia
  • IBC Asia (S) Pte Ltd
  • Eastern Coal Council - USA
  • Riau Bara Harum - Indonesia
  • Cebu Energy, Philippines
  • Infraline Energy - India
  • Humpuss - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Salva Resources Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • MEC Coal - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Ince & co LLP
  • WorleyParsons
  • Semirara Mining Corp, Philippines
  • Tanito Harum - Indonesia
  • Metalloyd Limited - United Kingdom
  • Kartika Selabumi Mining - Indonesia
  • Japan Coal Energy Center
  • Gresik Semen - Indonesia
  • Indian Oil Corporation Limited
  • TRAFIGURA, South Korea
  • San Jose City I Power Corp, Philippines
  • Eastern Energy - Thailand
  • Indo Tambangraya Megah - Indonesia
  • Mitra SK Pvt Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Kaltim Prima Coal - Indonesia
  • GHCL Limited - India
  • Coal and Oil Company - UAE
  • GB Group - China
  • PLN - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Dalmia Cement Bharat India
  • Berau Coal - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Petron Corporation, Philippines
  • Coastal Gujarat Power Limited - India
  • Merrill Lynch Commodities Europe
  • Cement Manufacturers Association - India
  • Xindia Steels Limited - India
  • Thiess Contractors Indonesia
  • Trasteel International SA, Italy
  • India Bulls Power Limited - India
  • Cemex - Philippines
  • Port Waratah Coal Services - Australia
  • Timah Investasi Mineral - Indoneisa
  • PetroVietnam
  • Standard Chartered Bank - UAE
  • PTC India Limited - India
  • Ambuja Cements Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Cardiff University - UK
  • ING Bank NV - Singapore
  • Indika Energy - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • Vizag Seaport Private Limited - India
  • Indian School of Mines
  • IEA Clean Coal Centre - UK
  • CIMB Investment Bank - Malaysia
  • Deutsche Bank - India
  • Videocon Industries ltd - India
  • Wood Mackenzie - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Oldendorff Carriers - Singapore
  • Binh Thuan Hamico - Vietnam
  • UOB Asia (HK) Ltd
  • Posco Energy - South Korea
  • Coal India Limited
  • Kepco SPC Power Corporation, Philippines
  • Sojitz Corporation - Japan
  • Price Waterhouse Coopers - Russia
  • CESC Limited - India
  • Orica Australia Pty. Ltd.
  • Xstrata Coal
  • Formosa Plastics Group - Taiwan
  • SMC Global Power, Philippines
  • Maybank - Singapore
  • ASAPP Information Group - India
  • Therma Luzon, Inc, Philippines
  • Arch Coal - USA
  • Bukit Baiduri Energy - Indonesia
  • Samsung - South Korea
  • Russian Coal LLC
  • Gujarat Electricity Regulatory Commission - India
  • Minerals Council of Australia
  • Rashtriya Ispat Nigam Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • MS Steel International - UAE
  • Baramulti Group, Indonesia
  • NALCO India
  • Chamber of Mines of South Africa
  • Kalimantan Lumbung Energi - Indonesia
  • Shenhua Group - China
  • Sakthi Sugars Limited - India
  • Aboitiz Power Corporation - Philippines
  • Karaikal Port Pvt Ltd - India
  • CNBM International Corporation - China
  • J M Baxi & Co - India
  • Coalindo Energy - Indonesia
  • Altura Mining Limited, Indonesia
  • SRK Consulting
  • Coal Orbis AG
  • TANGEDCO India
  • IHS Mccloskey Coal Group - USA
  • Ministry of Mines - Canada
  • SN Aboitiz Power Inc, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Goldman Sachs - Singapore
  • Indian Energy Exchange, India
  • Malabar Cements Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • Pinang Coal Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Antam Resourcindo - Indonesia
  • Surastha Cement
  • Noble Europe Ltd - UK
  • The State Trading Corporation of India Ltd
  • Global Coal Blending Company Limited - Australia
  • Tamil Nadu electricity Board
  • PNOC Exploration Corporation - Philippines
  • Britmindo - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Chettinad Cement Corporation Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Central Java Power - Indonesia
  • Globalindo Alam Lestari - Indonesia