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Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asian export through Peabody COALTRADE's international trading hub in Singapore.
The contract marks the third term agreement Peabody has secured in recent months, which together account for 5.5 million tons of Indonesian coal. Coal from PT CEM will be secured over two years from a mine in East Kalimantan, and the relationship could be expanded over time.
"Peabody's leading coal trading and brokerage platform continues to expand to serve high-growth Asia-Pacific markets," said Peabody President and Chief Commercial Officer Richard A. Navarre. "We will continue to increase our coal sourcing in Indonesia, the world's largest supplier of seaborne thermal coal."
Seaborne coal demand is projected to exceed 1 billion tonnes in 2011, with the Asia Pacific region comprising the vast majority of demand growth. Peabody serves customers in more than 25 countries on six continents and has trading and business offices in Indonesia, Singapore, China, Australia, the United Kingdom and the United States.
Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2010 sales of 246 million tons and nearly $7 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity.
Source: Peabody Energy
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Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
...
Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...
Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...
Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
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- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
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- Posco Energy - South Korea
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- Economic Council, Georgia
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- MS Steel International - UAE
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
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- Gujarat Electricity Regulatory Commission - India
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- Central Electricity Authority - India
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- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
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- Trasteel International SA, Italy
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- Standard Chartered Bank - UAE
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- Manunggal Multi Energi - Indonesia
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- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
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- Planning Commission, India
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- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
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- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
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- ASAPP Information Group - India
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- The Treasury - Australian Government
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- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
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- The University of Queensland
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- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
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- Bharathi Cement Corporation - India
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- GAC Shipping (India) Pvt Ltd
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- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ministry of Transport, Egypt
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- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Aditya Birla Group - India
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- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
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- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
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- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
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