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

Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY The  BSI  moved  in  a  downward  direction  since  last  Friday  reflecting  minor a ...


Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China. In September 2009, ASF announced a ven ...


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 ...


Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...


Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...


   1212 1213 1214 1215 1216   
Showing 6066 to 6070 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 ...

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