We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities have agreed 2009 thermal coal contracts with three Chinese producers at about $78.50 a tonne, down more than 45 percent from a year ago but in line with asking prices from China, two utility sources said on Wednesday.
Two separate utility sources said the five power companies have agreed to buy a total of three million tonnes of thermal coal from China's Shenhua Energy Co, China Coal Group and Datong Coal Mine Group.
The headline price of $78.50 a tonne is based on coal with a heating value of 5,800 kcal/kg (NAR) and is significantly higher than the low-$60s range which South Korean utilities were seeking as early as last month.
Apart from the agreed 3 million tonnes, South Korea's five power companies -- Kosep, Kospo, Komipo, Kowepo and Kewespo -- are also individually negotiating with Chinese producers for additional tonnage, said one of the utility sources.
"We've decided to settle with the Chinese because prices are now on an uptrend and there are also considerations that supplies may tighten in the third and fourth quarter, which could push prices higher," said the utility source who requested anonymity because he was not authorised to speak to the media.
The agreement, which was signed on Tuesday, comes amid a recent surge in Asian coal prices, which have jumped about 18 percent since May to about $74 a tonne on the globalCOAL Newcastle index, after touching a four-month high of $77.19 last week.
The long overdue settlement for contracts beginning from April may also set the tone for negotiations between Japanese utilities and Chinese miners, which have also been locked in annual contract talks since early this year.
Source: Reuters (http://www.reuters.com/article/rbssEnergyNews/idUSSYD47631820090617)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
|
|
|
Showing 6781 to 6785 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Australian Coal Association
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
|
| |
| |
|