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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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Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall
* Asia 2010 thermal coal imports expected to rise 6.3 pct
* China to become net im ...
Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
* Colombia producers hope for growth in Asia shipments
* Panama Canal will allow smaller coal Capesize vessels
* Australia, Indonesia to remain bi ...
Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.
Australian ...
Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...
Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
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- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- White Energy Company Limited
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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