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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, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
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- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
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