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Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and India as well as from the domestic market, the chairman of the Indonesian Coal Producers Association said on Monday.
Indonesia, the world's biggest exporter of thermal coal, expects to produce 270-280 million tonnes in 2010, up from 250-260 million tonnes this year, Bob Kamandanu told Reuters in an interview.
"We still see good demand from China aside from continuing demand from India. We expect China's demand is not just temporary," Kamandanu said.
China is set to become a net coal importer for the first time this year, as imports soar after a government clampdown on small miners, while robust economic growth is also leading to higher demand for power generation.
Thermal coal imports into China from January to October have jumped 172.43 percent from a year ago, while coking coal imports have surged 401.58 percent.
Indonesian producers may have secured around 10 million tonnes of new coal supply contract with Chinese buyers for 2010, said Kamandanu.
Earlier trade sources said Indnesia's top five coal producers, including Bumi Resources Tbk, PT Adaro Energy and PT Kideco, said the total volume of thermal coal due to be sold to China for 2010 delivery had reached at least 15 million tonnes.
But Kamandanu warned there was still uncertainty over China's policy that could affect the long-term security for producers relying too heavily on supplying the country.
"If suddenly the Chinese government decides to stop coal imports, its coal demand could fall," Kamandanu said.
"China is a good market for growing but for sustainability we still need other portfolios," he said.
Kamandanu said a healthy appetite for imported coal from China and India should help boost Indonesia's coal exports to 220-225 million tonnes in 2010, up from an estimated 215 million tonnes in 2009.
Strong demand from China and India would help support global coal prices at around $80 a tonne for 2010, Kamandanu said.
Australian thermal coal prices, a benchmark for Asia, stood at about $81 a tonne on Friday, having jumped about 40 percent from a near two-year low of around $58 in March.
Source: Reuters
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Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...
Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
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- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
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