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

Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...


Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...


Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...


Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenf ...


Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...


   1277 1278 1279 1280 1281   
Showing 6391 to 6395 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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