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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, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
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- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- Planning Commission, India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
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