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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 $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
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- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- The University of Queensland
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
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