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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, 31 October 09
FLSMIDTH WINS MAJOR INDIAN COAL HANDLING PROJECT
Top global supplier of minerals processing and materials handling equipment, FL smidth, has won another important coal handling contract in India
...
Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominat ...
Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies ...
Friday, 30 October 09
TATA POWER MAY BUY COAL FROM RIVERSDALE'S MOZAMBIQUE MINES
Bloomberg reported that, Tata Power Ltd., India’s biggest electricity generator outside state control, may buy coal from a mine in Mozambique ...
Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal trader ...
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- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- MS Steel International - UAE
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
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