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
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB


Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team expects thermal coal contract prices to rise 26% to USD 120 a tonne by 2012 because of a rise in net imports from China and India The forecast led to local analysts upgrading their earnings guidance yesterday for a swag of coal miners, including BHP Billiton and Rio Tinto, despite the threat posed by the controversial resource super profits tax.

Deutsche Bank's report said that "The seaborne thermal coal market is experiencing a transformation which may be as significant as that which occurred for the iron ore market over the past decade. In a similar way, we believe China and India together could transform the demand landscape for thermal coal over the next decade, displacing current western importers and evolving to dominate the industry."

The Reserve Bank of Australia reiterated this week that despite the recent softening of commodity prices in the wake of Europe's debt crisis and a slowdown in China, Australia's terms of trade were likely to remain at high levels.

Deutsche Bank's report shows this year's thermal coal contract prices were higher than expected at about USD 98 a tonne and the bank expected the

Deutsche said that very supportive fundamentals to continue into next year and 2012. Thermal coal suppliers have not moved to quarterly pricing as iron ore producers have, which provided a more stable earnings outlook.

NSW miners Whitehaven Coal and Centennial Coal are Deutsche's preferred thermal coal stocks, and yesterday analyst Brendan Fitzpatrick upgraded Whitehaven to a buy and lifted Centennial's earnings per share by up to 65% in full year 2012.

Analyst Mr Paul Young also upgraded earnings of BHP and Rio by up to 5.5% in 2012-13 because of the size of their thermal coal businesses relative to their other divisions. He added that "We believe the competition for capital with other divisions means BHP's energy coal growth pipeline is more limited than Xstrata and Anglo."

Deutsche reiterated its buy rating on Rio and BHP and upgraded its price targets to USD 96.50 and USD 48, respectively.
Source: SteelGuru / The Australian



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...


Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...


Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...


Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal. ...


Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China. Supramax vessels open in the USG are achievi ...


   1153 1154 1155 1156 1157   
Showing 5771 to 5775 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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