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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, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the ...
Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS
National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to ...
Wednesday, 03 June 09
NEWCASTLE COAL EXPORTS JUMP 20 PERCENT; SHIP QUEUE LENGTHENS - BLOOMBERG
Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, jumped 20 percent last week while the number of ...
Wednesday, 03 June 09
IPL-2 OVER, INDIAN COAL LEAGUE BEGINS IN SOUTH AFRICA - ECONOMICTIME
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy South Africa ...
Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...
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- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Mercator Lines Limited - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- White Energy Company Limited
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
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