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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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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- White Energy Company Limited
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- The University of Queensland
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
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