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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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Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...
Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks.
Bank of Tokyo Mitsubishi ...
Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...
Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...
Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy.
Shareholders will get a combine ...
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- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Parliament of New Zealand
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
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