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Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese companies making “significant” enquiries about supplies for next year.
Increasing base-load electricity requirements are underpinning growing demand for power-station coal in Asia, Sydney-based Centennial said in a presentation filed to the Australian stock exchange today. China is anticipated to remain a net importer of the fuel, it said.
“We continue to see a growing strength in demand for thermal export coal,” Chairman Kenneth Moss said in speech notes before an address to the company’s annual general meeting in Sydney. “Chinese demand continues to be a leading contributing factor.”
Centennial, which has gained 56 percent in Sydney trading in the past six months, fell 2.4 percent to A$3.27 at 11:10 a.m. The benchmark S&P/ASX 200 Index dropped 2.4 percent.
Centennial forecasts an average export price of about A$79 ($71) a metric ton for the 2010 financial year, Moss said. Prices for power-station coal for immediate delivery from Newcastle port, a benchmark for Asia, rose 4 percent, gaining for a fifth week, according to the globalCOAL NEWC Index. The price climbed to $82.25 a metric ton in the week ended Nov. 20.
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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- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Parliament of New Zealand
- Australian Coal Association
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
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