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Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with its takeover of Sydney-based Centennial Coal Co, which Banpu shareholders approved yesterday.
Chief executive Chanin Vongkusolkit said the company expected to complete its tender offer for the remaining 80.1% of Centennial by the end of September or early October at the cost of A$2.017 billion or 55.29 billion baht.
Banpu earlier acquired 19.9% of Centennial for A$380 million. On July 5, Banpu announced it would buy all of the ordinarily shares of the Australian company that it does not already control at the price of A$6.2 per share.
Mr Chanin said yesterday that the takeover would be completed after Australia's general election on Aug 21, adding that he expected the new Australian government would welcome the deal.
The company expected to book revenue contributions from Centennial in the fourth quarter of this year, he added.
Centennial, with 10 mines, has marketable coal reserves of 386 million tonnes as of June 30 this year. Banpu, which operates coal mines in Indonesia and China, has reserves of 318 million tonnes.
Shareholders yesterday also approved the management's plan to issue additional debentures worth up to 20 billion baht with maturities of up to 15 years.
Mr Chanin said Banpu would issue some debentures later this year in multiple tranches to either refinance debts or fund its acquisition of Centennial.
Banpu was confident that 2010 revenue would beat forecasts despite lower production at the Daning mine in Shanxi province due to a licence renewal delay.
The company on Monday revised down forecast production of the Chinese underground mine by 10%, resulting in expected lower net profit of $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Tuesday, 02 December 14
U.S WEEKLY COAL PRODUCTION FELL 1.4% WEEK ON WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.6 million short tons (mmst) o ...
Tuesday, 02 December 14
FOB RICHARDS BAY COAL SWAPS LOST MONTH OVER MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month, week on week and day over day.
The Q1 swap has lost U ...
Tuesday, 02 December 14
SUB-BIT FOB INDONESIA COAL Q1' 15 DELIVERY SWAP CLOSED AT US$ 49.50
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 0.4 ...
Monday, 01 December 14
SGX'S FOB NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 52.50
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.50 on 28 November after losing US$ 1.20 (-2.23%) month ove ...
Monday, 01 December 14
Q2' 15 DELIVERY CFR SOUTH CHINA COAL SWAP CLOSED 0.42% LOWER THAN Q1' 15 DELIVERY CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 2.45 (-3.78%) month over month and US$ 0.67 (-1.06%) we ...
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- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
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- MS Steel International - UAE
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- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
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- Bahari Cakrawala Sebuku - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Cigading International Bulk Terminal - Indonesia
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- Australian Coal Association
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- Jindal Steel & Power Ltd - India
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- Economic Council, Georgia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
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- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
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- Jorong Barutama Greston.PT - Indonesia
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- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
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- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
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- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
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