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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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Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
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- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- The Treasury - Australian Government
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Planning Commission, India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- The University of Queensland
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Parliament of New Zealand
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
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