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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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Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...
Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...
Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands.
The Viet Nam Coal ...
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...
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- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Planning Commission, India
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Marubeni Corporation - India
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