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

Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...


Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...


Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...


Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...


Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...


   1276 1277 1278 1279 1280   
Showing 6386 to 6390 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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