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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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Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
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- Planning Commission, India
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
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