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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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Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...
Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...
Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...
Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...
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- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- The Treasury - Australian Government
- White Energy Company Limited
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Planning Commission, India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
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