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Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidentified Japanese utility as much as 40 percent as a recovery in economic growth in Asia spurs demand.
Zug, Switzerland-based Xstrata agreed to contract prices for the next 12 months at $98 a metric ton, it said in a statement. The figure compares with the $70-$72 a ton for the previous year, cited in the company’s annual report.
“It’s a good price,” John Meyer, an analyst at Fairfax IS in London, said by phone today. “It reflects the increasing demand for thermal coal for electrical generation around Asia. It should be directly correlated with expectations for economic growth in the region and reflects the increasing cost of coal mining in Australia.”
China’s coal imports more than doubled to 13.1 million metric tons in February, underpinned by power demand, according to customs data. The country paid about $92 a ton for coal in the month. Thermal coal prices to China on delivered terms rose to as high as $120 a metric ton in January from less than $90 a year earlier, Macquarie Group Ltd. said in a report this month.
Contract negotiations with Japanese customers will continue next week, Xstrata said in today’s statement.
Source: Bloomberg ( By: Firat Kayakiran & Simon Casey)
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Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
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Showing 6026 to 6030 news of total 6871 |
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- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
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