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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 $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Friday, 28 August 09
JSW MAY BUY AFRICAN MINE FOR US$ 350
The Economic Times Reported that, The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimate ...
Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad ...
Thursday, 27 August 09
CIL TO SPEND US$ 1 - 1.5 BN TO ACQUIRE ASSETS IN 4 COUNTRIES
Business Standard reported that, "Coal India is looking to spend $1-1.5 billion in acquiring mining assets in Australia, Indonesia, South Afric ...
Wednesday, 26 August 09
INDIA'S JSW TO DOUBLE JAIGARH PORT CAPACITY TO 20 MT
Sea Trade Asia reported that, JSW Jaigarh Port, a wholly owned subsidiary of JSW Infrastructure & Logistics, plans to double cargo handling capa ...
Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
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- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
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