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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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Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
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- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Marubeni Corporation - India
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Planning Commission, India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- The University of Queensland
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
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