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, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal State-owned trading firm MMTC Ltd has scrapped its controversi ...


Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...


Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...


Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...


Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...


   1297 1298 1299 1300 1301   
Showing 6491 to 6495 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 ...

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