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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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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
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- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
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