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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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Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...
Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...
Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands.
The Viet Nam Coal ...
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...
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- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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