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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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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
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- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Planning Commission, India
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
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