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Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mine in Indonesia, even though the site remains closed pending the resolution of questions about forest encroachment.
CEO Chanin Vongkusolkit said the company expected the Indonesian government would finalise new forestry regulations soon, with clearer designations of which areas are preserved forest areas.
Indonesian police closed Jorong and several other industrial sites last month as part of a crackdown on forest encroachment.
Mr Chanin acknowledged there had been "misunderstanding and unclear regulations" about forestry areas in Indonesia. "However, I have heard the new regulations are just awaiting signing by the president to take effect," he said.
The new regulation would specify the mine site as a commercially permitted area.
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“Total coal output this year is forecast at 26.5 mln tonnes, up from 23.8 mln last year. Coal prices are expected to average between $65 and $71 per tonne this year, compared with $71.70 last year”
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The company last year produced 3.1 million tonnes of coal from Jorong, but output will decline in line with depleting coal reserves and the mine will close in six years.
"However, it has been good for us since it was time that the local government clarified the regulations properly, so we [coal miners] would know if our mines are in commercially allowed forest areas or prohibited ones," he said.
The company has dealt with the immediate crisis by increasing output from mines nearby as it needs more coal to deliver to Jorong clients under its contracts.
Banpu's coal output from Indonesia is expected to rise 7.4% to 23 million tonnes from 21.4 million last year.
The company has earmarked regional capital expenditure for 2010 to 2015 of US$466 million, including $189 million in Indonesia. It will invest $255 million in the Hong Sa coal mine and coal-fired power plant in Laos, and $22 million in its coal mines in China.
"The sum does not include the capital needed for merger and acquisition plans, for which we are still looking at China and Australia," Mr Chanin said.
However, the company is no longer interested in India where it says local regulations on coal mining are too strict.
By 2015 Banpu expects coal will contribute 90% of its revenue, up from 75% currently, and the remaining 10% would come from power.
Banpu forecasts sales this year will be on par with last year, reflecting a decline in global coal prices, baht appreciation and the drop of revenue from its BLCP power plant in Thailand, despite a 10% increase in coal output this year.
Total coal output this year is forecast at 26.5 million tonnes, up from 23.8 million last year.
Coal prices are expected to average between $65 and $71 per tonne this year, compared with $71.70 last year.
Banpu's net profit last year rose to 14.2 billion baht from 9.2 billion in 2008, with many of the gains coming from China, which contributed profits of 4 billion baht.
BANPU shares closed yesterday on the Stock Exchange of Thailand at 586 baht, up 20 baht, in trade worth 1.59 billion baht.
Source: Bangkok Post - Writer: Yuthana Praiwan
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Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
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Showing 5971 to 5975 news of total 6871 |
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- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
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- IEA Clean Coal Centre - UK
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- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
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- Grasim Industreis Ltd - India
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- GAC Shipping (India) Pvt Ltd
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- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- The Treasury - Australian Government
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- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indian Oil Corporation Limited
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- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Posco Energy - South Korea
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- Xindia Steels Limited - India
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- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
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- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
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- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
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- ICICI Bank Limited - India
- The University of Queensland
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