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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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Saturday, 12 December 09
QUEENSLAND APPROVES A$4 BILLION COAL TERMINAL PROJECT
Queensland’s state government said it has signed a mandate approving development of the A$4 billion ($3.7 billion) Wiggins Island coal termina ...
Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
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- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Marubeni Corporation - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
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