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Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
 * Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are likely to fall 22 percent this year compared with 2008 to a total 37.3 million tonnes, the importers group VDKI said on Wednesday.
"We see a significant decline by 22 percent through the steel industry crisis and the likely reduced demand from power generators," said the chairman of VDKI, Erich Schmitz, at the organisation's annual news conference.
Such imports, complementing indigenous supplies and serving power generators and steelmakers, last year totalled 48.0 million tonnes.
Schmitz also said his organisation believed quarterly coal import prices measured by state statistics office BAFA could fall to 65-70 euros ($90.10-97.03) by the end of this year, 18.7 percent below 83 euros at the end of March.
The use of steam coal for power plants and coking coal and coke for steelmaking by Germany's export-geared industry slumped early in 2009, falling victim to the financial crisis which has depressed economic activity.
Coal producer countries China, India and Indonesia started investing heavily in new capacity in recent years, and now will have to curb planned growth rates, Schmitz said.
"The market tends towards a buyers market which should pressurise world market prices for steam and coking coal," he said, adding a strong euro against the dollar would also help.
"But world trade in steam coal (in 2009) should stay stable while the coking coal market will shrink by 40 to 50 million or 20 to 25 percent," said Schmitz, citing a comparably slow decline in coal-to-power use as electricity demand is robust.
CO2 WOES
The 69-member VDKI, based in the port of Hamburg but close to the Rhein-Ruhr region's heavy industries which it serves, is worried about the sustainability of coal burning amid public criticism of the carbon dioxide (CO2) pollution it causes.
"We argue against this with the plans for higher energy efficiency rates at coal-fired power units and the hoped-for success in capturing and storing CO2 at power stations (in a tested, but not proven, process called CCS)," said Schmitz.
If newbuilding and CCS efforts were combined and successful, German coal generators may cut CO2 emissions to 96 million tonnes a year by 2015 versus 111 million in 2008, he said.
Germany uses hard coal for 20 to 25 percent of its annual power generation, depending on demand and rival fuels.
It mined 18.5 million tonnes of hard coal equivalent units last year but this may fall to 13-14 million tonnes in 2009 under long-term phase-out plans, according to the VDIK.
Lignite, a cheaply mined domestic brown coal, continues to hold a stable share of another quarter of power supply.
Source: Reuters (http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLH57244220090617?sp=true)
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Friday, 22 May 09
INDONESIA`S BUKIT ASAM TO HAVE POWER PLANT IN 2011 - ANTARA
The construction of a power plant in South Sumatra by coal mining company PT Tambang Batubara Bukit Asam will be completed in April 2011.
T ...
Friday, 22 May 09
NOBLE WINS CONTROL OF AUSTRALIA'S GLOUCESTER COAL - BLOOMBERG
Noble Group Ltd., a Hong Kong- based commodity supplier, won control of Australia’s Gloucester Coal Ltd. after last week raising its cash bid ...
Thursday, 21 May 09
FBR STARTS COVERAGE OF SHIPPING SECTOR - REUTERS
Friedman Billings Ramsey began coverage of the shipping industry, saying the sector, which is amidst a deep cyclical downturn, is poised for a recov ...
Thursday, 21 May 09
INDONESIAN COAL PRODUCTION IN Q1 BELOW TARGET - STEEL GURU
Mr Bambang Gatot Ariyono director for coal and mineral development at the Energy and Mineral Resources Ministry said that the coal production in the ...
Wednesday, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
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- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- White Energy Company Limited
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
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