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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, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
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- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
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- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
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- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
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- Power Finance Corporation Ltd., India
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- Mintek Dendrill Indonesia
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- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- CNBM International Corporation - China
- Parliament of New Zealand
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- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Electricity Authority, New Zealand
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- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
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- IHS Mccloskey Coal Group - USA
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- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
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- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
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- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
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- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
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