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Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per tonne in 2010 from around $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
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- PTC India Limited - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- The University of Queensland
- Minerals Council of Australia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
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