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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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Wednesday, 22 July 09
TAIPOWER RECEIVES 37 OFFERS IN TENDERS
State utility Taiwan Power has received offers for 37 panamax cargoes of bituminous and sub-bituminous coal in two tenders involving 12 panamax ship ...
Wednesday, 22 July 09
PRIME MINISTER APPROVAL SOUGHT TO HIKE COAL PRICES IN INDIA
PTI reported that decrying the low prices of the industrial fuel, the coal ministry will approach Dr Manmohan Singh PM of India next month for raisi ...
Tuesday, 21 July 09
BHATIA SAYS GETS ORDER FOR 800,000T COAL FROM KPCL
Reuters reported that, Indian traders Bhatia received on Tuesday a purchase order for 800,000 tonnes thermal coal at $63.00 C&F from Karnataka P ...
Tuesday, 21 July 09
NZ'S PIKE RIVER SAYS SELLS COAL AT $128 PER TONNE
Reuters reported that, New Zealand miner Pike River Coal said on Tuesday it had sold its premium hard coking coal at $128 a tonne for the curr ...
Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
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- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
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- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
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- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
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- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
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- International Coal Ventures Pvt Ltd - India
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- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
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- Star Paper Mills Limited - India
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- Electricity Authority, New Zealand
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- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Planning Commission, India
- London Commodity Brokers - England
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- White Energy Company Limited
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- Metalloyd Limited - United Kingdom
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- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Mjunction Services Limited - India
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- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
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- PowerSource Philippines DevCo
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- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
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- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
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- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
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- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
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- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
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- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
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- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
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- Ministry of Finance - Indonesia
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