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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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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 ...
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- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- 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
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
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- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
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- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
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- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- 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
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
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- GMR Energy Limited - India
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- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
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- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- 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
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- 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
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- 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
- Chamber of Mines of South Africa
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- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- 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
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
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- Tamil Nadu electricity Board
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