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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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Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
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- Energy Development Corp, Philippines
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- VISA Power Limited - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
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