COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...


Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...


Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years Live Mint reported that, Essar Shipping ...


Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...


Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


   1271 1272 1273 1274 1275   
Showing 6361 to 6365 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Australian Commodity Traders Exchange
  • Total Coal South Africa
  • Power Finance Corporation Ltd., India
  • Eastern Coal Council - USA
  • Merrill Lynch Bank
  • Ministry of Transport, Egypt
  • Humpuss - Indonesia
  • Wood Mackenzie - Singapore
  • Indian Energy Exchange, India
  • Bangladesh Power Developement Board
  • MEC Coal - Indonesia
  • PLN Batubara - Indonesia
  • UBS Singapore
  • Tata Chemicals Ltd - India
  • Vitol - Bahrain
  • Binh Thuan Hamico - Vietnam
  • RBS Sempra - UK
  • Credit Suisse - India
  • Coaltrans Conferences
  • NTPC Limited - India
  • Orica Australia Pty. Ltd.
  • White Energy Company Limited
  • Indonesian Coal Mining Association
  • Sinarmas Energy and Mining - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • PTC India Limited - India
  • Fearnleys - India
  • CNBM International Corporation - China
  • Holcim Trading Pte Ltd - Singapore
  • UOB Asia (HK) Ltd
  • Kepco SPC Power Corporation, Philippines
  • Qatrana Cement - Jordan
  • Ince & co LLP
  • VISA Power Limited - India
  • Merrill Lynch Commodities Europe
  • Thai Mozambique Logistica
  • SMG Consultants - Indonesia
  • Edison Trading Spa - Italy
  • Vale Mozambique
  • Core Mineral Indonesia
  • MS Steel International - UAE
  • Indorama - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Georgia Ports Authority, United States
  • World Bank
  • Larsen & Toubro Limited - India
  • SGS (Thailand) Limited
  • McConnell Dowell - Australia
  • Malabar Cements Ltd - India
  • Xindia Steels Limited - India
  • Electricity Generating Authority of Thailand
  • Malco - India
  • Bhatia International Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • European Bulk Services B.V. - Netherlands
  • Mitra SK Pvt Ltd - India
  • Simpson Spence & Young - Indonesia
  • Heidelberg Cement - Germany
  • PowerSource Philippines DevCo
  • Mintek Dendrill Indonesia
  • Interocean Group of Companies - India
  • OCBC - Singapore
  • Makarim & Taira - Indonesia
  • Cebu Energy, Philippines
  • Parry Sugars Refinery, India
  • Bukit Makmur.PT - Indonesia
  • South Luzon Thermal Energy Corporation
  • Gujarat Electricity Regulatory Commission - India
  • The Treasury - Australian Government
  • Therma Luzon, Inc, Philippines
  • Permata Bank - Indonesia
  • KPCL - India
  • SMC Global Power, Philippines
  • Indonesia Power. PT
  • Maruti Cements - India
  • World Coal - UK
  • ANZ Bank - Australia
  • Planning Commission, India
  • Kumho Petrochemical, South Korea
  • Kideco Jaya Agung - Indonesia
  • EIA - United States
  • Ministry of Mines - Canada
  • U S Energy Resources
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Maheswari Brothers Coal Limited - India
  • Asia Cement - Taiwan
  • OPG Power Generation Pvt Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Anglo American - United Kingdom
  • Adaro Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Indian Oil Corporation Limited
  • PLN - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Gujarat Sidhee Cement - India
  • Africa Commodities Group - South Africa
  • Sakthi Sugars Limited - India
  • Chamber of Mines of South Africa
  • Indian School of Mines
  • Iligan Light & Power Inc, Philippines
  • Sindya Power Generating Company Private Ltd
  • India Bulls Power Limited - India
  • Samtan Co., Ltd - South Korea
  • JPower - Japan
  • Mercator Lines Limited - India
  • Bharathi Cement Corporation - India
  • Japan Coal Energy Center
  • Inco-Indonesia
  • Manunggal Multi Energi - Indonesia
  • TRAFIGURA, South Korea
  • Freeport Indonesia
  • Glencore India Pvt. Ltd
  • Platts
  • Panama Canal Authority
  • PNOC Exploration Corporation - Philippines
  • Lanco Infratech Ltd - India
  • Meralco Power Generation, Philippines
  • GMR Energy Limited - India
  • Karaikal Port Pvt Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • The University of Queensland
  • Commonwealth Bank - Australia
  • Maersk Broker
  • Moodys - Singapore
  • Thriveni
  • ETA - Dubai
  • TNB Fuel Sdn Bhd - Malaysia
  • Global Business Power Corporation, Philippines
  • Carbofer General Trading SA - India
  • Indogreen Group - Indonesia
  • Intertek Mineral Services - Indonesia
  • Sucofindo - Indonesia
  • Arutmin Indonesia
  • Petron Corporation, Philippines
  • San Jose City I Power Corp, Philippines
  • Kobexindo Tractors - Indoneisa
  • Dalmia Cement Bharat India
  • Jindal Steel & Power Ltd - India
  • Sarangani Energy Corporation, Philippines
  • Straits Asia Resources Limited - Singapore
  • The India Cements Ltd
  • Bhushan Steel Limited - India
  • APGENCO India
  • NALCO India
  • Toyota Tsusho Corporation, Japan
  • TNPL - India
  • Aboitiz Power Corporation - Philippines
  • Cement Manufacturers Association - India
  • Central Java Power - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • HSBC - Hong Kong
  • Leighton Contractors Pty Ltd - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ambuja Cements Ltd - India
  • Kobe Steel Ltd - Japan
  • Coal India Limited
  • Deutsche Bank - India
  • Cosco
  • Clarksons - UK
  • Baramulti Group, Indonesia
  • Peabody Energy - USA
  • Idemitsu - Japan
  • Kaltim Prima Coal - Indonesia
  • Shenhua Group - China
  • Minerals Council of Australia
  • Standard Chartered Bank - UAE
  • Mitsubishi Corporation
  • Pinang Coal Indonesia
  • Mitsui
  • KPMG - USA
  • Vedanta Resources Plc - India
  • Global Green Power PLC Corporation, Philippines
  • Australian Coal Association
  • Energy Development Corp, Philippines
  • Asian Development Bank
  • Gresik Semen - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Russian Coal LLC
  • Trasteel International SA, Italy
  • ICICI Bank Limited - India
  • Uttam Galva Steels Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • bp singapore
  • GAC Shipping (India) Pvt Ltd
  • Energy Link Ltd, New Zealand
  • Orica Mining Services - Indonesia
  • Altura Mining Limited, Indonesia
  • Coalindo Energy - Indonesia
  • Cemex - Philippines
  • Infraline Energy - India
  • KOWEPO - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • London Commodity Brokers - England
  • Independent Power Producers Association of India
  • Ministry of Finance - Indonesia
  • Lafarge - France
  • Meenaskhi Energy Private Limited - India
  • Britmindo - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Metalloyd Limited - United Kingdom
  • CCIC - Indonesia
  • Price Waterhouse Coopers - Russia
  • McKinsey & Co - India
  • AsiaOL BioFuels Corp., Philippines
  • Runge Indonesia
  • Star Paper Mills Limited - India
  • GB Group - China
  • Neyveli Lignite Corporation Ltd, - India
  • Sical Logistics Limited - India
  • Siam City Cement - Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • CESC Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Mercuria Energy - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Savvy Resources Ltd - HongKong
  • Eastern Energy - Thailand
  • SASOL - South Africa
  • Posco Energy - South Korea
  • Aditya Birla Group - India
  • Enel Italy
  • Globalindo Alam Lestari - Indonesia
  • Banpu Public Company Limited - Thailand
  • Bank of America
  • Reliance Power - India
  • GVK Power & Infra Limited - India
  • Tamil Nadu electricity Board
  • TANGEDCO India
  • Mechel - Russia
  • Economic Council, Georgia
  • Directorate Of Revenue Intelligence - India
  • EMO - The Netherlands
  • Kartika Selabumi Mining - Indonesia
  • Tanito Harum - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Samsung - South Korea
  • Agrawal Coal Company - India
  • PetroVietnam
  • Medco Energi Mining Internasional
  • Salva Resources Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • TGV SRAAC LIMITED, India
  • Grasim Industreis Ltd - India
  • CoalTek, United States
  • Noble Europe Ltd - UK
  • Bank of China, Malaysia
  • Rio Tinto Coal - Australia
  • Vizag Seaport Private Limited - India
  • Petrosea - Indonesia
  • The State Trading Corporation of India Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • IBC Asia (S) Pte Ltd
  • Gupta Coal India Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Goldman Sachs - Singapore
  • Jaiprakash Power Ventures ltd
  • Surastha Cement
  • Chettinad Cement Corporation Ltd - India
  • Thiess Contractors Indonesia
  • Geoservices-GeoAssay Lab
  • Bahari Cakrawala Sebuku - Indonesia
  • Rudhra Energy - India
  • Bangkok Bank PCL
  • Argus Media - Singapore
  • Wilmar Investment Holdings
  • Semirara Mining and Power Corporation, Philippines
  • Formosa Plastics Group - Taiwan
  • WorleyParsons
  • J M Baxi & Co - India
  • Coastal Gujarat Power Limited - India
  • Cargill India Pvt Ltd
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bulk Trading Sa - Switzerland
  • International Coal Ventures Pvt Ltd - India
  • Cardiff University - UK
  • Attock Cement Pakistan Limited
  • Electricity Authority, New Zealand
  • Oldendorff Carriers - Singapore
  • CIMB Investment Bank - Malaysia
  • BRS Brokers - Singapore
  • Ind-Barath Power Infra Limited - India
  • Bhoruka Overseas - Indonesia
  • SUEK AG - Indonesia
  • Deloitte Consulting - India
  • Cigading International Bulk Terminal - Indonesia
  • Singapore Mercantile Exchange
  • Central Electricity Authority - India
  • Xstrata Coal
  • IOL Indonesia
  • Inspectorate - India
  • Shree Cement - India
  • New Zealand Coal & Carbon
  • Romanian Commodities Exchange
  • Essar Steel Hazira Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • GHCL Limited - India
  • DBS Bank - Singapore
  • ASAPP Information Group - India
  • Coal Orbis AG
  • Barclays Capital - USA
  • BNP Paribas - Singapore
  • Thailand Anthracite
  • Berau Coal - Indonesia
  • Parliament of New Zealand
  • Thermax Limited - India
  • Latin American Coal - Colombia
  • Maybank - Singapore
  • IHS Mccloskey Coal Group - USA
  • SRK Consulting
  • Borneo Indobara - Indonesia
  • ACC Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Marubeni Corporation - India
  • Siam City Cement PLC, Thailand
  • IEA Clean Coal Centre - UK
  • GN Power Mariveles Coal Plant, Philippines
  • Madhucon Powers Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • ING Bank NV - Singapore
  • Adani Power Ltd - India
  • Videocon Industries ltd - India
  • Sree Jayajothi Cements Limited - India
  • Riau Bara Harum - Indonesia
  • Mjunction Services Limited - India
  • globalCOAL - UK
  • Coeclerici Indonesia
  • Jatenergy - Australia
  • IMC Shipping - Singapore
  • Port Waratah Coal Services - Australia
  • JPMorgan - India
  • Platou - Singapore
  • TeaM Sual Corporation - Philippines
  • Coal and Oil Company - UAE
  • Bayan Resources Tbk. - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Karbindo Abesyapradhi - Indoneisa
  • Indika Energy - Indonesia
  • Sojitz Corporation - Japan
  • Renaissance Capital - South Africa
  • GNFC Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Barasentosa Lestari - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Arch Coal - USA
  • Tata Power - India
  • KEPCO - South Korea
  • Global Coal Blending Company Limited - Australia
  • Semirara Mining Corp, Philippines
  • Antam Resourcindo - Indonesia
  • Thomson Reuters GRC