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Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per tonne in 2010 from around $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
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- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- The University of Queensland
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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