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Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
 Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previous record of 9.16 million tonnes set in April, which analysts said was caused by a shutdown of small mines in China as well as thin demand on the international market, coupled with the failure of Chinese power firms to agree on a coal supply deal with domestic miners.
The huge level of shipments, more than twice the 4.16 million tonnes imported in May last year, brings China's coal imports in the first five months of 2009 to 32.2 million tonnes, 73% ahead of imports in the same months of 2008.
The surge in imports in April and May, a leap from previous monthly volumes ranging between 3 million and 6 million tonnes, comes despite a rebound in the cost of freight and a pick-up in coal prices.
Chinese coal remains relatively uncompetitive on the world market, with data released earlier this month showing exports of 1.19 million tonnes in May, the lowest monthly volume in more than 11 years. That puts net imports at 8.24 million tonnes in the month, compared to net exports of 4.6 million tonnes in the whole of last year, turning China from a small seller to a major buyer on the world market.
China meets the vast majority of its coal needs from its own mines, which produce roughly three times as much as is traded on the world seaborne market. But it also buys coal from Australia, Indonesia, Vietnam and Mongolia, and the circle of suppliers widened at the start of this year as shipping costs and global demand slumped.
The Customs data did not give any breakdown of the imports or exports. In the first four months of the year, the coal type showing the biggest increase in imports was coking coal, used by China's huge steel sector, which has continued producing at 2008 levels while most other steel firms have halved output. But most of China's imports are coal grades suitable for power generation, with coking coal making up less than a third of the total.
Source: Steel Guru (http://steelguru.com/news/index/2009/06/22/OTkzOTI%3D/Chinese_May_coal_imports_hit_record_9.43_million_tonnes.html)
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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- The University of Queensland
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
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