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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, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...
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- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
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