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Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for coking coal to make the metal. He wrote in a report dated today.
“China’s crude steel output will grow by around 8 percent in 2010 to above 600 million metric tons. Strong steel output growth will sustain demand for coking coal, a key raw material, at high levels.
“With consolidation of small coalmines in Shanxi Province lagging behind schedule, we expect the resumption of production of many coalmines to be delayed.”
“Coking coal supply in China will remain tight in 2010 while the gross margins of coking coal suppliers will hover around current levels. We forecast coking coal prices to rise by 10 to 15 percent in spring 2010 as the steel sector enters peak season, boosting the gross margins of coking-coal makers.”
“Surging coking coal imports by China will start to change the global coking coal trade landscape in 2010. As the EU’s and North America’s demand for coking coal grows, due to higher steel production, global coking coal supply will continue to be tight, driving up prices.”
Source: Bloomberg
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Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
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- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- PTC India Limited - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
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