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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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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
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- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- White Energy Company Limited
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- MS Steel International - UAE
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
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