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Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than a year ago, the company's president director said on Thursday.
Bukit Asam has agreed to supply PT Indonesia Power, a unit of state electricity firm PT Perusahaan Listrik Negara (PLN), between 5.5 million tonnes and 6.1 million tonnes of coal with a heating value of 5,000 kcal/kg gross as-received (GAR) at 685,000 rupiah ($73.68) per tonne, CIF, president director Sukrisno said.
Indonesia's third-largest listed coal miner by market value said it would supply the coal to the 3,400-MW Suralaya power plant in West Java between now and the end of this year.
The price was 22.5 percent lower than 884,000 rupiah per tonne set in 2009.
"The price in 2009 was above the market price because we managed to reach a deal when coal prices were still high in around September 2008," said a Bukit Asam official, who declined to be quoted by name.
"Although 2010 price is lower than last year, it is still above the current market price," the official said.
Bukit Asam has said it expects last year's revenue to amount to 9 trillion rupiah, up from 7.2 trillion rupiah in 2008 as it managed to negotiate for higher prices.
Bukit Asam, with a market capitalisation of just over $4 billion, expects its sales volume to rise to 15.6 million tonnes in 2010 from an estimated 12.8 million tonnes last year on a growing demand from China and India.($1 = 9,297 Rupiah)
Source: Reuters
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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
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 ...
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- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- The University of Queensland
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
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