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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 $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Tuesday, 04 May 10
APRIL 2010 COAL PRICE REFERENCE WAS US$ 86.58/T FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has publishing a monthly coal price reference (HBA) to be used by ...
Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...
Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...
Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct .
The other sectors Pan ...
Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...
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- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- The University of Queensland
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
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