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

Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact. Lower power generation and realisations saw ...


Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...


Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...


Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...


Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...


   1200 1201 1202 1203 1204   
Showing 6006 to 6010 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 ...

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