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Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
 The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks to tapgrowing demand from Chinese and Indian steel mills and power stations.
Peabody, based in St Louis andthe world's biggest non-government coalminer, said it was targeting Australian exports of up to 32 million tonnes in 2014,by building a new mine in Queensland and expanding three others.
The company is aiming to produce between 21 and 23 million tonnes of thermal and coking coal from Australia this year, of which about 6 million tonnes will be sold domestically to Macquarie Generation.
"Peabody is very well positioned to access the fastest-growing markets globally where we see shortages of metallurgical coal and growing strength in the Pacific thermal (coal) markets," Peabody president Richard Navarre said.
India and China were driving increased thermal and coking coal demand, the company said.
Peabody will concentrate on growing sales of coking coal, used to make steel, from about 6 million tonnes this year to between 12 and 15 million tonnes in 2014. Exports of thermal coal, used to fuel power stations, could grow from about 10 million tonnes a year to between 15 and 17 million tonnes.
Most of the growth is expected to come from the new Denham open pit mine, near Peabody's existing Eaglefield mine in Queensland. Denham is expected to produce between 3 and 6 million tonnes of hard coking coal a year from 2014.
The plan appears to be a step back from documents submitted to the federal environment department in January that said the company would produce an extra 9 million tonnes of coal from Eaglefield.
On top of Denham, Peabody plans to expand the Burton mine in Queensland to produce an extra 2 to 3 million tonnes of coking a coal a year.
In NSW, Peabody said it was looking at expanding the hard coking coal output of its Metropolitan mine by 1 million tonnes and its Wilpinjong mine by 2 to 3 million tonnes.
Source: The Australian
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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
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- Rio Tinto Coal - Australia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Minerals Council of Australia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
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