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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.
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"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
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Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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Showing 6036 to 6040 news of total 6871 |
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- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Australian Coal Association
- Aditya Birla Group - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- CNBM International Corporation - China
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
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