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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel manufacturers, the electric and coal price in 2010 may rise by over 40%.
Dileep Srivastava, senior deputy chief executive officer of PT Bumi Resources investors' relationship noted that due to the recovering Asian economy and increasing investment in coal industry, Japan power plants may raise the steam coal price in the fourth quarter of 2010 to around US$100 per ton.
Dileep Srivastava expressed on October 9 in Singapore that the coal demand from China, India and Indonesia will maintain the price higher, however, the demand from the developed countries will continue stay normal.
PT Bumi Resources estimated that the average price of coal mines excluding the freight and other charges is US$61-62 per ton, while the price in 2008 was US$73.30 per ton.
Srivatsava said that the recovering steel demand may tie down the heat energy coal supply and boost the price.
According to the report on October 6, because the global crude steel production in 2010 will climb by 12% to 1.4bln tons setting a record, the hard coking coal price may soar to US$180 per ton from the previous expectation's US$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
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- Eastern Energy - Thailand
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- London Commodity Brokers - England
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- Bangladesh Power Developement Board
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- ICICI Bank Limited - India
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- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
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- Ministry of Mines - Canada
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- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
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- Parry Sugars Refinery, India
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- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- The University of Queensland
- White Energy Company Limited
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
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- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
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- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
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- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
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- Australian Coal Association
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