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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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Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
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- CNBM International Corporation - China
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- The University of Queensland
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
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