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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, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
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- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Australian Coal Association
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Planning Commission, India
- ASAPP Information Group - India
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- The Treasury - Australian Government
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