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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, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
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- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Planning Commission, India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- The University of Queensland
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
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