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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, 06 March 09
CHURCHILL STARTS REVERSE DRILLING AT INDONESIAN COAL PROJECT
Miningweekly reported that, Aim-listed minerals explorer Churchill Mining on Thursday stated that reverse drilling at its East Kutai coal project (E ...
Thursday, 05 March 09
UAE FUND PLANS INDONESIA COAL RAIL LINK
News.alibaba reported that, A United Arab Emirates' fund signed a memorandum of understanding on Monday (2 March 2009) with an Indonesian prov ...
Thursday, 05 March 09
CHINA COAL-PRICES LITTLE CHANGED DESPITE PLUNGE ABROAD
China's spot coal prices were little changed from a week earlier, despite the sharp fall in the international market, and demand for coal remains s ...
Thursday, 05 March 09
RAK TO BUILD COAL FIRED POWER STATION
The National Ras al Khaimah, which is developing a coal mine in Indonesia, will build a coal-fired power plant in the emirate in the next two years ...
Wednesday, 04 March 09
COAL: GLOBAL DEMAND WEAKENS
The Jakarta Post reported that, While coal prices were stickier on the way down compared to other commodities like oil, the Newcastle price now sugg ...
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- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
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