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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$155 per ton.
Srivastava added that PT Bumi Resources plans to increase the coal exports to China and India in 2012 and its production will hike to 100mln tons from last year's 53mln tons, 20% of output to be exported to China and India.
Source: Alibaba
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Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
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- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- The University of Queensland
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
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