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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delivery between April 2010 and March 2011.
Industry eyebrows have been raised with the five utilities who combined own a 5% stake in the NSW Moolarben Mine securing the deal at USD 92.60 per tonne a significant gap between the physical and index prices of Australian coal.
Energy Publishing’s NEX Index for Newcastle spot coal was USD 103.15 per tonne FOB as at May 13th 2010. In April, long term thermal coal contracts for the Japanese fiscal year April 1st 2010 to March 31st 2011 were settled at USD 98 per tonne.
Late last month, Australia’s thermal coal hit an 18 month high of USD 108 per tonne while under a recent term deal, one Australian producer agreed to supply up to 2 million tonnes of coal at low USD 90s to a Korean utility. The Moolarben mine is owned by Felix Resources and located 40 kilometres north east of Mudgee in the Western Coalfields of New South Wales.
Source: Steel Guru / Energy Publishing
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Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
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- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
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