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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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Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...
Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present.
India's largest power generator NTPC, which will launch ...
Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...
Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursda ...
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- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- The University of Queensland
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
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