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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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Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...
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- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- VISA Power Limited - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
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