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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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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 ...
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 co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...
Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
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- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
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