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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, 01 September 09
GLOBAL COAL PRICES UNDER PRESSURE AS CHINESE PROVINCE RETURNS TO THE PRODUCTION FRAY - REUTERS
China is set to return to role of coal exporter as the deadline for thousands of small coal mines in its Shanxi province to reopen after being shut ...
Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per yea ...
Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finish ...
Tuesday, 01 September 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 23%, SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 23 percent ...
Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...
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- Sical Logistics Limited - India
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- Wilmar Investment Holdings
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- Georgia Ports Authority, United States
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- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
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- Economic Council, Georgia
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- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
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- Indika Energy - Indonesia
- Singapore Mercantile Exchange
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- Standard Chartered Bank - UAE
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- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
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- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
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- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- VISA Power Limited - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
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- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
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- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- White Energy Company Limited
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Posco Energy - South Korea
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