COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS


Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive is bullish about the outlook for high-quality coal prices.

Revenue this year should be close to 2009's estimated 57 billion baht ($1.7 billion) despite a 12 percent rise in sales volume to 23 million tonnes, Chief Executive Chanin Vongkusolkit told Reuters, blaming the strength of the baht versus the dollar.

"It will be difficult to have a bottom line for our coal business close to last year's because our costs are rising," Chanin said in an interview.

Banpu, also Indonesia's fourth-largest coal miner with five mines there, has already fixed selling prices for half of its coal sales this year based on 2009 prices, which were lower than market prices this year.

"It will be difficult to have a bottom line for our coal business close to last year's because our costs are rising"
 
Chanin Vongkusolkit
Chief Executive, Banpu

The widely watched Australia Barlow Jonker Index (BJI), a gauge of spot thermal coal prices, averaged $75 a tonne in 2009. Prices of high-quality coal are expected to rise further this year, given strong demand from China and India, Chanin said.

Banpu's average sales price may be lower than the BJI index since some of its coal is of lower quality with a high sulphur content, he said.

An expected rise in oil prices would increase Banpu's costs this year by up to 7 percent, he said, adding oil accounted for 25-30 percent of the company's costs.

Banpu, which quotes its coal prices in dollars, would book lower revenue this year when converting revenue into baht, which is trading around 33 to the dollar now versus 34-35 last year. To read more
Reuters / Alibaba



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...


Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the ...


Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the developmen ...


Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree ...


Friday, 12 February 10
MECHEL EYES 2010 COAL OUTPUT AT 28-29 MLN T
Russian steel and coking coal producer Mechel expects coal output to reach 28-29 million tonnes this year, returning to pre-crisis levels thanks to ...


   1199 1200 1201 1202 1203   
Showing 6001 to 6005 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Siam City Cement PLC, Thailand
  • Enel Italy
  • Altura Mining Limited, Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Barasentosa Lestari - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • EIA - United States
  • Vijayanagar Sugar Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Kohat Cement Company Ltd. - Pakistan
  • Thriveni
  • Madhucon Powers Ltd - India
  • Semirara Mining Corp, Philippines
  • Star Paper Mills Limited - India
  • Fearnleys - India
  • Singapore Mercantile Exchange
  • ASAPP Information Group - India
  • Lafarge - France
  • Geoservices-GeoAssay Lab
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Directorate Of Revenue Intelligence - India
  • Energy Link Ltd, New Zealand
  • Karbindo Abesyapradhi - Indoneisa
  • KPMG - USA
  • Energy Development Corp, Philippines
  • Price Waterhouse Coopers - Russia
  • Maersk Broker
  • Maruti Cements - India
  • PetroVietnam Power Coal Import and Supply Company
  • Romanian Commodities Exchange
  • Noble Europe Ltd - UK
  • Deutsche Bank - India
  • Mitsubishi Corporation
  • Banpu Public Company Limited - Thailand
  • Ministry of Mines - Canada
  • World Coal - UK
  • Savvy Resources Ltd - HongKong
  • Indo Tambangraya Megah - Indonesia
  • Parliament of New Zealand
  • Coal Orbis AG
  • Thomson Reuters GRC
  • Bahari Cakrawala Sebuku - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Japan Coal Energy Center
  • Formosa Plastics Group - Taiwan
  • GHCL Limited - India
  • Samsung - South Korea
  • McKinsey & Co - India
  • The University of Queensland
  • Anglo American - United Kingdom
  • London Commodity Brokers - England
  • Australian Commodity Traders Exchange
  • Vizag Seaport Private Limited - India
  • Coalindo Energy - Indonesia
  • South Luzon Thermal Energy Corporation
  • Makarim & Taira - Indonesia
  • Credit Suisse - India
  • Total Coal South Africa
  • DBS Bank - Singapore
  • Uttam Galva Steels Limited - India
  • BRS Brokers - Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Dalmia Cement Bharat India
  • BNP Paribas - Singapore
  • Bhushan Steel Limited - India
  • Medco Energi Mining Internasional
  • Alfred C Toepfer International GmbH - Germany
  • Bangkok Bank PCL
  • Malabar Cements Ltd - India
  • Coal and Oil Company - UAE
  • Mechel - Russia
  • Samtan Co., Ltd - South Korea
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Thailand Anthracite
  • MEC Coal - Indonesia
  • Inco-Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Bhatia International Limited - India
  • Kartika Selabumi Mining - Indonesia
  • VISA Power Limited - India
  • Thiess Contractors Indonesia
  • India Bulls Power Limited - India
  • Indika Energy - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Sojitz Corporation - Japan
  • AsiaOL BioFuels Corp., Philippines
  • Planning Commission, India
  • Baramulti Group, Indonesia
  • Adani Power Ltd - India
  • Cosco
  • Pendopo Energi Batubara - Indonesia
  • Coastal Gujarat Power Limited - India
  • HSBC - Hong Kong
  • McConnell Dowell - Australia
  • Mercator Lines Limited - India
  • Glencore India Pvt. Ltd
  • Gupta Coal India Ltd
  • Central Electricity Authority - India
  • Africa Commodities Group - South Africa
  • TNPL - India
  • JPower - Japan
  • Runge Indonesia
  • PowerSource Philippines DevCo
  • Jaiprakash Power Ventures ltd
  • Ince & co LLP
  • Russian Coal LLC
  • Global Business Power Corporation, Philippines
  • Humpuss - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Surastha Cement
  • Deloitte Consulting - India
  • Petron Corporation, Philippines
  • Simpson Spence & Young - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Parry Sugars Refinery, India
  • Cigading International Bulk Terminal - Indonesia
  • Interocean Group of Companies - India
  • Borneo Indobara - Indonesia
  • Metalloyd Limited - United Kingdom
  • SGS (Thailand) Limited
  • Gujarat Mineral Development Corp Ltd - India
  • Australian Coal Association
  • KOWEPO - South Korea
  • SUEK AG - Indonesia
  • PTC India Limited - India
  • Coaltrans Conferences
  • Tata Chemicals Ltd - India
  • Tamil Nadu electricity Board
  • Meralco Power Generation, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Ernst & Young Pvt. Ltd.
  • Cement Manufacturers Association - India
  • Bank of America
  • Kalimantan Lumbung Energi - Indonesia
  • Indogreen Group - Indonesia
  • Riau Bara Harum - Indonesia
  • Clarksons - UK
  • Panama Canal Authority
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Shenhua Group - China
  • Indonesian Coal Mining Association
  • Oldendorff Carriers - Singapore
  • Georgia Ports Authority, United States
  • Gresik Semen - Indonesia
  • EMO - The Netherlands
  • Cardiff University - UK
  • IEA Clean Coal Centre - UK
  • Eastern Coal Council - USA
  • Rio Tinto Coal - Australia
  • Intertek Mineral Services - Indonesia
  • Bangladesh Power Developement Board
  • Sucofindo - Indonesia
  • Sakthi Sugars Limited - India
  • IOL Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Kepco SPC Power Corporation, Philippines
  • SMC Global Power, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Sindya Power Generating Company Private Ltd
  • OCBC - Singapore
  • Ministry of Finance - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • UOB Asia (HK) Ltd
  • Sarangani Energy Corporation, Philippines
  • Larsen & Toubro Limited - India
  • PLN Batubara - Indonesia
  • Berau Coal - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Krishnapatnam Port Company Ltd. - India
  • Malco - India
  • WorleyParsons
  • Tata Power - India
  • Ambuja Cements Ltd - India
  • CNBM International Corporation - China
  • Goldman Sachs - Singapore
  • Agrawal Coal Company - India
  • New Zealand Coal & Carbon
  • CIMB Investment Bank - Malaysia
  • Independent Power Producers Association of India
  • Economic Council, Georgia
  • Thermax Limited - India
  • Indian Oil Corporation Limited
  • U S Energy Resources
  • Barclays Capital - USA
  • Cebu Energy, Philippines
  • Electricity Authority, New Zealand
  • Tanito Harum - Indonesia
  • KEPCO - South Korea
  • Merrill Lynch Commodities Europe
  • Bharathi Cement Corporation - India
  • The State Trading Corporation of India Ltd
  • Kideco Jaya Agung - Indonesia
  • ETA - Dubai
  • RBS Sempra - UK
  • Iligan Light & Power Inc, Philippines
  • The India Cements Ltd
  • Permata Bank - Indonesia
  • Xindia Steels Limited - India
  • Arch Coal - USA
  • Neyveli Lignite Corporation Ltd, - India
  • San Jose City I Power Corp, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Coal India Limited
  • Petrosea - Indonesia
  • Attock Cement Pakistan Limited
  • Electricity Generating Authority of Thailand
  • Xstrata Coal
  • Core Mineral Indonesia
  • Indian School of Mines
  • Adaro Indonesia
  • Bhoruka Overseas - Indonesia
  • Platts
  • Reliance Power - India
  • Essar Steel Hazira Ltd - India
  • Mintek Dendrill Indonesia
  • SASOL - South Africa
  • Meenaskhi Energy Private Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • ICICI Bank Limited - India
  • Arutmin Indonesia
  • Orica Mining Services - Indonesia
  • Chamber of Mines of South Africa
  • Carbofer General Trading SA - India
  • KPCL - India
  • OPG Power Generation Pvt Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • Bukit Baiduri Energy - Indonesia
  • Maybank - Singapore
  • Pinang Coal Indonesia
  • Antam Resourcindo - Indonesia
  • Britmindo - Indonesia
  • Freeport Indonesia
  • Videocon Industries ltd - India
  • Toyota Tsusho Corporation, Japan
  • TANGEDCO India
  • Manunggal Multi Energi - Indonesia
  • Argus Media - Singapore
  • Central Java Power - Indonesia
  • Mitsui
  • globalCOAL - UK
  • Bulk Trading Sa - Switzerland
  • IBC Asia (S) Pte Ltd
  • IHS Mccloskey Coal Group - USA
  • Asian Development Bank
  • Chettinad Cement Corporation Ltd - India
  • Inspectorate - India
  • ACC Limited - India
  • ING Bank NV - Singapore
  • Edison Trading Spa - Italy
  • TRAFIGURA, South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Jatenergy - Australia
  • Siam City Cement - Thailand
  • MS Steel International - UAE
  • Indorama - Singapore
  • Standard Chartered Bank - UAE
  • CESC Limited - India
  • Vale Mozambique
  • Mjunction Services Limited - India
  • Indonesia Power. PT
  • TeaM Sual Corporation - Philippines
  • Bank of China, Malaysia
  • Directorate General of MIneral and Coal - Indonesia
  • Kumho Petrochemical, South Korea
  • Eastern Energy - Thailand
  • Globalindo Alam Lestari - Indonesia
  • GNFC Limited - India
  • Ministry of Transport, Egypt
  • Asia Cement - Taiwan
  • Salva Resources Pvt Ltd - India
  • European Bulk Services B.V. - Netherlands
  • PetroVietnam
  • Heidelberg Cement - Germany
  • Merrill Lynch Bank
  • Renaissance Capital - South Africa
  • Mitra SK Pvt Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • CoalTek, United States
  • NALCO India
  • bp singapore
  • UBS Singapore
  • GMR Energy Limited - India
  • GB Group - China
  • SMG Consultants - Indonesia
  • GVK Power & Infra Limited - India
  • Global Green Power PLC Corporation, Philippines
  • SRK Consulting
  • Gujarat Sidhee Cement - India
  • World Bank
  • Wood Mackenzie - Singapore
  • Power Finance Corporation Ltd., India
  • TGV SRAAC LIMITED, India
  • Mercuria Energy - Indonesia
  • Wilmar Investment Holdings
  • Maheswari Brothers Coal Limited - India
  • Peabody Energy - USA
  • J M Baxi & Co - India
  • Asmin Koalindo Tuhup - Indonesia
  • Commonwealth Bank - Australia
  • Ind-Barath Power Infra Limited - India
  • Thai Mozambique Logistica
  • ANZ Bank - Australia
  • Minerals Council of Australia
  • Aboitiz Power Corporation - Philippines
  • Sree Jayajothi Cements Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Vitol - Bahrain
  • Trasteel International SA, Italy
  • Bayan Resources Tbk. - Indonesia
  • Rudhra Energy - India
  • Straits Asia Resources Limited - Singapore
  • Moodys - Singapore
  • Idemitsu - Japan
  • IMC Shipping - Singapore
  • Cemex - Philippines
  • Indian Energy Exchange, India
  • Jorong Barutama Greston.PT - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Latin American Coal - Colombia
  • Miang Besar Coal Terminal - Indonesia
  • Sical Logistics Limited - India
  • Lanco Infratech Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Platou - Singapore
  • Infraline Energy - India
  • JPMorgan - India
  • NTPC Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • PLN - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Jindal Steel & Power Ltd - India
  • Coeclerici Indonesia
  • Orica Australia Pty. Ltd.
  • Grasim Industreis Ltd - India
  • Marubeni Corporation - India
  • Cargill India Pvt Ltd
  • Billiton Holdings Pty Ltd - Australia
  • CCIC - Indonesia
  • Shree Cement - India
  • PNOC Exploration Corporation - Philippines
  • Qatrana Cement - Jordan
  • White Energy Company Limited
  • Posco Energy - South Korea
  • GAC Shipping (India) Pvt Ltd
  • Therma Luzon, Inc, Philippines
  • APGENCO India
  • Rashtriya Ispat Nigam Limited - India
  • Port Waratah Coal Services - Australia
  • Gujarat Electricity Regulatory Commission - India
  • Aditya Birla Group - India
  • Kobe Steel Ltd - Japan
  • The Treasury - Australian Government