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Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks to tapgrowing demand from Chinese and Indian steel mills and power stations.
Peabody, based in St Louis andthe world's biggest non-government coalminer, said it was targeting Australian exports of up to 32 million tonnes in 2014,by building a new mine in Queensland and expanding three others.
The company is aiming to produce between 21 and 23 million tonnes of thermal and coking coal from Australia this year, of which about 6 million tonnes will be sold domestically to Macquarie Generation.
"Peabody is very well positioned to access the fastest-growing markets globally where we see shortages of metallurgical coal and growing strength in the Pacific thermal (coal) markets," Peabody president Richard Navarre said.
India and China were driving increased thermal and coking coal demand, the company said.
Peabody will concentrate on growing sales of coking coal, used to make steel, from about 6 million tonnes this year to between 12 and 15 million tonnes in 2014. Exports of thermal coal, used to fuel power stations, could grow from about 10 million tonnes a year to between 15 and 17 million tonnes.
Most of the growth is expected to come from the new Denham open pit mine, near Peabody's existing Eaglefield mine in Queensland. Denham is expected to produce between 3 and 6 million tonnes of hard coking coal a year from 2014.
The plan appears to be a step back from documents submitted to the federal environment department in January that said the company would produce an extra 9 million tonnes of coal from Eaglefield.
On top of Denham, Peabody plans to expand the Burton mine in Queensland to produce an extra 2 to 3 million tonnes of coking a coal a year.
In NSW, Peabody said it was looking at expanding the hard coking coal output of its Metropolitan mine by 1 million tonnes and its Wilpinjong mine by 2 to 3 million tonnes.
Source: The Australian
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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
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- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- White Energy Company Limited
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- The Treasury - Australian Government
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