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Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China as the sharp rise in coal prices and strong demand will benefit the company's financial results this year.
Chief financial officer Somrudee Chaimongkol said Banpu's average selling price for coal was projected to top US$80 per tonne in 2011 compared to $73 last year.
Coal at Australia's Newcastle port, an Asian benchmark, surged to a two-year high of $126.10 at the end of 2010 after rains and severe floods disrupted supplies in the country, which is the world's largest exporter of the fuel.
"The price of coal to be shipped in the first quarter was already fixed last year. The market's higher coal prices, however, will help increase Banpu's average selling price to more than $80 per tonne in 2011," she said.
Banpu on Tuesday informed the Stock Exchange of Thailand that its coal mine in Daning had suspended operations since Dec 31 pending a licence renewal.
The mine, operated by Shanxi Asian-American Daning Energy (SAADEC), is Banpu's largest mine in China with planned production of 4 million tonnes this year. Its Chinese wholly owned subsidiary Asian-American Coal (AACI) owns a 56% stake of SAADEC, contributing equity income of 2.16 billion baht to Banpu in the first nine months of 2010.
Ms Somrudee said the company was reviewing the Daning stoppage, but output from the mine was small compared to total figures.
The miner projects to almost double its coal output to 43 million tonnes this year from 22.5 million tonnes in 2010. Sydney-based Centennial Coal, which Banpu acquired last year, will contribute 14.5 million tonnes while Indonesian coal mines produce 26 million tonnes. To read more Bangkok Post
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Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...
Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...
Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...
Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum for power plants at Toranagallu and Jaigad.
Accordign to JSWE's websit ...
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- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- The University of Queensland
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
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