COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS


Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive is bullish about the outlook for high-quality coal prices.

Revenue this year should be close to 2009's estimated 57 billion baht ($1.7 billion) despite a 12 percent rise in sales volume to 23 million tonnes, Chief Executive Chanin Vongkusolkit told Reuters, blaming the strength of the baht versus the dollar.

"It will be difficult to have a bottom line for our coal business close to last year's because our costs are rising," Chanin said in an interview.

Banpu, also Indonesia's fourth-largest coal miner with five mines there, has already fixed selling prices for half of its coal sales this year based on 2009 prices, which were lower than market prices this year.

"It will be difficult to have a bottom line for our coal business close to last year's because our costs are rising"
 
Chanin Vongkusolkit
Chief Executive, Banpu

The widely watched Australia Barlow Jonker Index (BJI), a gauge of spot thermal coal prices, averaged $75 a tonne in 2009. Prices of high-quality coal are expected to rise further this year, given strong demand from China and India, Chanin said.

Banpu's average sales price may be lower than the BJI index since some of its coal is of lower quality with a high sulphur content, he said.

An expected rise in oil prices would increase Banpu's costs this year by up to 7 percent, he said, adding oil accounted for 25-30 percent of the company's costs.

Banpu, which quotes its coal prices in dollars, would book lower revenue this year when converting revenue into baht, which is trading around 33 to the dollar now versus 34-35 last year. To read more
Reuters / Alibaba



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...


Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...


Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...


Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft. BDI INDEX The BDI was down by 95 points and closed ...


Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal. At the third Asian Min ...


   1210 1211 1212 1213 1214   
Showing 6056 to 6060 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Uttam Galva Steels Limited - India
  • Indogreen Group - Indonesia
  • Permata Bank - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Economic Council, Georgia
  • Indorama - Singapore
  • Eastern Energy - Thailand
  • ACC Limited - India
  • HSBC - Hong Kong
  • KEPCO - South Korea
  • Power Finance Corporation Ltd., India
  • Lafarge - France
  • Humpuss - Indonesia
  • Mitsui
  • Billiton Holdings Pty Ltd - Australia
  • Kobe Steel Ltd - Japan
  • World Bank
  • Sojitz Corporation - Japan
  • Directorate General of MIneral and Coal - Indonesia
  • SASOL - South Africa
  • WorleyParsons
  • CCIC - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Inspectorate - India
  • Thai Mozambique Logistica
  • Global Coal Blending Company Limited - Australia
  • IBC Asia (S) Pte Ltd
  • Sarangani Energy Corporation, Philippines
  • CESC Limited - India
  • Tanito Harum - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Deloitte Consulting - India
  • Electricity Generating Authority of Thailand
  • Bank of China, Malaysia
  • J M Baxi & Co - India
  • Coaltrans Conferences
  • Gujarat Mineral Development Corp Ltd - India
  • Metalloyd Limited - United Kingdom
  • Indika Energy - Indonesia
  • Bharathi Cement Corporation - India
  • Maybank - Singapore
  • UBS Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • The Treasury - Australian Government
  • Banpu Public Company Limited - Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Thomson Reuters GRC
  • TRAFIGURA, South Korea
  • Jaiprakash Power Ventures ltd
  • Tata Power - India
  • EIA - United States
  • GVK Power & Infra Limited - India
  • APGENCO India
  • Sree Jayajothi Cements Limited - India
  • Total Coal South Africa
  • Wood Mackenzie - Singapore
  • bp singapore
  • World Coal - UK
  • PowerSource Philippines DevCo
  • Cebu Energy, Philippines
  • Salva Resources Pvt Ltd - India
  • ING Bank NV - Singapore
  • Maheswari Brothers Coal Limited - India
  • Shree Cement - India
  • Idemitsu - Japan
  • Berau Coal - Indonesia
  • Planning Commission, India
  • Jatenergy - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indonesian Coal Mining Association
  • DBS Bank - Singapore
  • Bulk Trading Sa - Switzerland
  • Kalimantan Lumbung Energi - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Central Java Power - Indonesia
  • NTPC Limited - India
  • Bangkok Bank PCL
  • Samsung - South Korea
  • Formosa Plastics Group - Taiwan
  • Japan Coal Energy Center
  • Cargill India Pvt Ltd
  • Coal India Limited
  • Minerals Council of Australia
  • CNBM International Corporation - China
  • Energy Development Corp, Philippines
  • Medco Energi Mining Internasional
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Platou - Singapore
  • Kideco Jaya Agung - Indonesia
  • Petrosea - Indonesia
  • Altura Mining Limited, Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Petrochimia International Co. Ltd.- Taiwan
  • Commonwealth Bank - Australia
  • Peabody Energy - USA
  • Attock Cement Pakistan Limited
  • Timah Investasi Mineral - Indoneisa
  • Sinarmas Energy and Mining - Indonesia
  • Coal Orbis AG
  • RBS Sempra - UK
  • Independent Power Producers Association of India
  • Inco-Indonesia
  • Mercator Lines Limited - India
  • ICICI Bank Limited - India
  • TNPL - India
  • Iligan Light & Power Inc, Philippines
  • Essar Steel Hazira Ltd - India
  • Dalmia Cement Bharat India
  • Coeclerici Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • PetroVietnam
  • Port Waratah Coal Services - Australia
  • Manunggal Multi Energi - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Ince & co LLP
  • Xstrata Coal
  • Grasim Industreis Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Merrill Lynch Bank
  • Vizag Seaport Private Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Meenaskhi Energy Private Limited - India
  • CIMB Investment Bank - Malaysia
  • Freeport Indonesia
  • Gupta Coal India Ltd
  • Vedanta Resources Plc - India
  • KPCL - India
  • Ambuja Cements Ltd - India
  • South Luzon Thermal Energy Corporation
  • Barclays Capital - USA
  • Carbofer General Trading SA - India
  • GNFC Limited - India
  • KOWEPO - South Korea
  • Central Electricity Authority - India
  • Xindia Steels Limited - India
  • GB Group - China
  • TANGEDCO India
  • Georgia Ports Authority, United States
  • Bukit Asam (Persero) Tbk - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Edison Trading Spa - Italy
  • Coastal Gujarat Power Limited - India
  • Bangladesh Power Developement Board
  • IOL Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Core Mineral Indonesia
  • Maersk Broker
  • Chamber of Mines of South Africa
  • SUEK AG - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • AsiaOL BioFuels Corp., Philippines
  • Directorate Of Revenue Intelligence - India
  • globalCOAL - UK
  • GMR Energy Limited - India
  • PLN - Indonesia
  • Clarksons - UK
  • The University of Queensland
  • TeaM Sual Corporation - Philippines
  • New Zealand Coal & Carbon
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Pinang Coal Indonesia
  • Parry Sugars Refinery, India
  • Malabar Cements Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Britmindo - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Goldman Sachs - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • VISA Power Limited - India
  • ETA - Dubai
  • Savvy Resources Ltd - HongKong
  • Sakthi Sugars Limited - India
  • Rudhra Energy - India
  • Petron Corporation, Philippines
  • CoalTek, United States
  • Infraline Energy - India
  • Thailand Anthracite
  • McKinsey & Co - India
  • Indian School of Mines
  • OPG Power Generation Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Karbindo Abesyapradhi - Indoneisa
  • NALCO India
  • McConnell Dowell - Australia
  • MS Steel International - UAE
  • Reliance Power - India
  • PNOC Exploration Corporation - Philippines
  • Ind-Barath Power Infra Limited - India
  • Runge Indonesia
  • Sindya Power Generating Company Private Ltd
  • Samtan Co., Ltd - South Korea
  • U S Energy Resources
  • Lanco Infratech Ltd - India
  • Malco - India
  • Heidelberg Cement - Germany
  • Merrill Lynch Commodities Europe
  • Jorong Barutama Greston.PT - Indonesia
  • Bank of America
  • Platts
  • Bhoruka Overseas - Indonesia
  • Singapore Mercantile Exchange
  • Rashtriya Ispat Nigam Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Barasentosa Lestari - Indonesia
  • ASAPP Information Group - India
  • Makarim & Taira - Indonesia
  • Russian Coal LLC
  • Interocean Group of Companies - India
  • Panama Canal Authority
  • Mechel - Russia
  • Mitsubishi Corporation
  • Oldendorff Carriers - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Larsen & Toubro Limited - India
  • SRK Consulting
  • Semirara Mining and Power Corporation, Philippines
  • India Bulls Power Limited - India
  • Global Business Power Corporation, Philippines
  • JPower - Japan
  • Tamil Nadu electricity Board
  • Glencore India Pvt. Ltd
  • Intertek Mineral Services - Indonesia
  • KPMG - USA
  • Ministry of Transport, Egypt
  • Fearnleys - India
  • PTC India Limited - India
  • JPMorgan - India
  • Kartika Selabumi Mining - Indonesia
  • Baramulti Group, Indonesia
  • Ministry of Finance - Indonesia
  • Vitol - Bahrain
  • SGS (Thailand) Limited
  • Sucofindo - Indonesia
  • Borneo Indobara - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Mercuria Energy - Indonesia
  • BRS Brokers - Singapore
  • Kaltim Prima Coal - Indonesia
  • Renaissance Capital - South Africa
  • Thriveni
  • Siam City Cement PLC, Thailand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Holcim Trading Pte Ltd - Singapore
  • SN Aboitiz Power Inc, Philippines
  • Orica Mining Services - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Sical Logistics Limited - India
  • Videocon Industries ltd - India
  • Coalindo Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TGV SRAAC LIMITED, India
  • Indo Tambangraya Megah - Indonesia
  • Noble Europe Ltd - UK
  • Therma Luzon, Inc, Philippines
  • Adaro Indonesia
  • Mjunction Services Limited - India
  • Kepco SPC Power Corporation, Philippines
  • ANZ Bank - Australia
  • Miang Besar Coal Terminal - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • PLN Batubara - Indonesia
  • Indian Energy Exchange, India
  • Shenhua Group - China
  • Cigading International Bulk Terminal - Indonesia
  • Energy Link Ltd, New Zealand
  • European Bulk Services B.V. - Netherlands
  • Jindal Steel & Power Ltd - India
  • Orica Australia Pty. Ltd.
  • San Jose City I Power Corp, Philippines
  • Coal and Oil Company - UAE
  • Arutmin Indonesia
  • Qatrana Cement - Jordan
  • Cosco
  • IEA Clean Coal Centre - UK
  • Chettinad Cement Corporation Ltd - India
  • SMG Consultants - Indonesia
  • Riau Bara Harum - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Asian Development Bank
  • Mintek Dendrill Indonesia
  • Australian Coal Association
  • Aditya Birla Group - India
  • Toyota Tsusho Corporation, Japan
  • IMC Shipping - Singapore
  • Standard Chartered Bank - UAE
  • Aboitiz Power Corporation - Philippines
  • Wilmar Investment Holdings
  • Deutsche Bank - India
  • Ministry of Mines - Canada
  • Marubeni Corporation - India
  • Vale Mozambique
  • The India Cements Ltd
  • OCBC - Singapore
  • Siam City Cement - Thailand
  • Latin American Coal - Colombia
  • Semirara Mining Corp, Philippines
  • Credit Suisse - India
  • Arch Coal - USA
  • Asia Cement - Taiwan
  • Parliament of New Zealand
  • Cement Manufacturers Association - India
  • EMO - The Netherlands
  • Bukit Baiduri Energy - Indonesia
  • White Energy Company Limited
  • The State Trading Corporation of India Ltd
  • Antam Resourcindo - Indonesia
  • Argus Media - Singapore
  • Cardiff University - UK
  • Geoservices-GeoAssay Lab
  • Indian Oil Corporation Limited
  • Surastha Cement
  • BNP Paribas - Singapore
  • Maruti Cements - India
  • Africa Commodities Group - South Africa
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ernst & Young Pvt. Ltd.
  • GHCL Limited - India
  • Eastern Coal Council - USA
  • Anglo American - United Kingdom
  • Price Waterhouse Coopers - Russia
  • Bhushan Steel Limited - India
  • Moodys - Singapore
  • Posco Energy - South Korea
  • Adani Power Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Thermax Limited - India
  • Enel Italy
  • Tata Chemicals Ltd - India
  • Mitra SK Pvt Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Trasteel International SA, Italy
  • Star Paper Mills Limited - India
  • SMC Global Power, Philippines
  • Australian Commodity Traders Exchange
  • Electricity Authority, New Zealand
  • MEC Coal - Indonesia
  • Cemex - Philippines
  • London Commodity Brokers - England
  • Gresik Semen - Indonesia
  • UOB Asia (HK) Ltd
  • Meralco Power Generation, Philippines
  • Bhatia International Limited - India
  • Thiess Contractors Indonesia
  • Simpson Spence & Young - Indonesia
  • Rio Tinto Coal - Australia
  • Indonesia Power. PT
  • Kumho Petrochemical, South Korea
  • Karaikal Port Pvt Ltd - India
  • Madhucon Powers Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Romanian Commodities Exchange
  • Agrawal Coal Company - India