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Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast
* Says increased Chinese demand, driving brighter outlook
Teck Resources Ltd said on Friday it expects 2009 coal sales to be at the upper end of its previously announced range of 18 million to 20 million tonnes.
The company expects second quarter sales of about 5 million tonnes and third quarter sales in excess of 6 million tonnes.
Teck said its increased confidence in demand was due to a significant increase in sales to China. Furthermore, the company said its planned temporary production shutdowns at several mines have now been canceled in order to meet the increased demand.
The company said increased production and sales for the remainder of the year are expected to significantly reduce site unit operating costs. Cost of sales in 2009 are expected to be in the range of C$53 to C$56 per tonne.
Source; Reuters (http://www.reuters.com/article/marketsNews/idUSN2046484320090620)
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Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
Tuesday, 21 July 09
FIRST QUARTER COAL MARKET AND EURACOAL'S OUTLOOK FOR THE FUTURE
Euracoal reports that for the first time in many years, the world market for hard coal fell by some 8 % during the first quarter 2009. This latest E ...
Monday, 20 July 09
CHINAS COAL DEMAND, OUTPUT TO PICK UP IN H2 - GROUP 2
Financial24 reported that, China's coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fa ...
Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering ...
Monday, 20 July 09
BANPU'S SECOND-HALF PROFIT MAY DROP ON COAL PRICES
Bloomberg Reported that, Banpu Pcl, Thailand’s biggest coal producer, expects profit to decline in the second half from the first six months a ...
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- Pipit Mutiara Jaya. PT, Indonesia
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- Intertek Mineral Services - Indonesia
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- Singapore Mercantile Exchange
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- Bangladesh Power Developement Board
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- Gujarat Mineral Development Corp Ltd - India
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- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
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- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
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- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
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- CIMB Investment Bank - Malaysia
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- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
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- Medco Energi Mining Internasional
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- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
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- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
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- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
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- Aditya Birla Group - India
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- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
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- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
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- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
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- Ind-Barath Power Infra Limited - India
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- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
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- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
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