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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, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...
Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow
· Coastal Energen to build first merchant power plant
· Tamil Nadu to see st ...
Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...
Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...
Thursday, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
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- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- PTC India Limited - India
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Planning Commission, India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
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