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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 $58 in March.
Source: Reuters
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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
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- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
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- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
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- Aditya Birla Group - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
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- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
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- Toyota Tsusho Corporation, Japan
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- Petron Corporation, Philippines
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- Posco Energy - South Korea
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- Heidelberg Cement - Germany
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- Kideco Jaya Agung - Indonesia
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- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
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- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
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- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
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- Parliament of New Zealand
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- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
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- Borneo Indobara - Indonesia
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- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Eastern Coal Council - USA
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- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
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