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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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- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Australian Coal Association
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Parliament of New Zealand
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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