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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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Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...
Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year
* LNG imports in July fall for seventh straight month
Alibaba reorted that, South Kore ...
Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said
L ...
Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...
Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...
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- Mjunction Services Limited - India
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- Ministry of Transport, Egypt
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- Orica Mining Services - Indonesia
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- Minerals Council of Australia
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- Indogreen Group - Indonesia
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- Mintek Dendrill Indonesia
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- Energy Link Ltd, New Zealand
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- Trasteel International SA, Italy
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- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
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- London Commodity Brokers - England
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- Kobexindo Tractors - Indoneisa
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- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Sical Logistics Limited - India
- ICICI Bank Limited - India
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- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
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- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
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- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
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- Larsen & Toubro Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
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- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
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- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
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- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- PTC India Limited - India
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- Orica Australia Pty. Ltd.
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- Kaltim Prima Coal - Indonesia
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- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
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- Romanian Commodities Exchange
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- Directorate General of MIneral and Coal - Indonesia
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- Indonesian Coal Mining Association
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- SMG Consultants - Indonesia
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- IHS Mccloskey Coal Group - USA
- The University of Queensland
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- Banpu Public Company Limited - Thailand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Coal and Oil Company - UAE
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- Planning Commission, India
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- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
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