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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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Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
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- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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