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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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Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...
Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...
Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
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- PTC India Limited - India
- Georgia Ports Authority, United States
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- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
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- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
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- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
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- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
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- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
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- Ind-Barath Power Infra Limited - India
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- Sojitz Corporation - Japan
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- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
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- Indian Oil Corporation Limited
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- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
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- PetroVietnam Power Coal Import and Supply Company
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- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
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- VISA Power Limited - India
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- Timah Investasi Mineral - Indoneisa
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- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
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- Eastern Energy - Thailand
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- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
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- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
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- Indonesian Coal Mining Association
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- Central Electricity Authority - India
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- Merrill Lynch Commodities Europe
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- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
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- Kohat Cement Company Ltd. - Pakistan
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- White Energy Company Limited
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
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- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
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- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
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- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
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- Pipit Mutiara Jaya. PT, Indonesia
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- GMR Energy Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
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