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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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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
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- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
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