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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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Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...
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- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
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