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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, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
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- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
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