We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
 China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers for this year's annual contract prices, its board secretary, Huang Qing, said on Monday.
Earlier Chinese media reports had said Shenhua had offered lower prices to overseas clients, but Huang denied this.
"We treat our domestic and overseas clients fairly. It's impossible that we would offer lower prices to overseas clients than domestic clients," Huang told Reuters.
"The negotiation has not concluded yet and therefore the price is still unknown."
Huang also said a local newspaper report that Shenhua expected the term price with Japanese and Korean clients to be 540 yuan, or $79, a tonne was wrong.
"Overseas clients are still negotiating what grades of coal they would buy. One can't simply take the price, 540 yuan, that we've reached with domestic clients on annual supply contracts for coal with 5,500 kcal/kg at ports, divide by 6.8 and come to the conclusion that we wanted to sell to overseas clients at $79. It's definitely wrong."
Huang said he did not know when the negotiation would end.
Shenhua said earlier that by the end of the first quarter, it had accomplished its target of signing the domestic long-term contracts for the year. Price for thermal coal with calorific value of 5,500 kcal/kg was increased to 540 yuan a tonne, including of value-added tax.
China's top five power generating groups have not yet finished signing this year's annual supply contracts, industry sources said.
"The company strengthened the relationship with major customers and explored small and medium customers," said Huang. But he declined to comment on whether Shenhua has signed annual term contracts with the top five power firms.
Shenhua's commercial coal output in May jumped 19 percent from a year earlier to 18.2 million tonnes, but coal exports tumbled 60 percent on the year to 800,000 tonnes, the company said in a statement. ($1=6.838 Yuan)
Source:http://www.reuters.com/article/rbssEnergyNews/idUSSHA3233420090615
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 13 June 09
CLEARLY THE DRIVER FOR DRY BULK MARKET SEEMS TO BE IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com (Singapore): The market saw mixed results last week. The beginning of the week saw the indices dropping including the futures , however t ...
Friday, 12 June 09
SOUTH SUMATERA SPEEDS UP INTERNATIONAL HARBOR CONSTRUCTION - TEMPO INTERACTIVE
The South Sumatera Government will speed up construction of the international harbor Tanjung Api-Api. The harbor is a strategic entry point for comm ...
Friday, 12 June 09
CHINA SHENHUA NOT EYEING NEW FOREIGN COAL MINES - MEDIA
China Shenhua Energy Co Ltd , the top Chinese coal miner, will not consider buying any major overseas mines before it starts operating the Watermark ...
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on th ...
Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
|
|
|
Showing 6686 to 6690 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Economic Council, Georgia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
|
| |
| |
|
