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Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says president Chanin Wongkusolkij.
"It is possible that revenue could drop, but the impact on net profits should be minimal," said Mr Chanin.
The Jorong mine in South Kalimantan on Borneo was suspended earlier this month by local police pending an investigation into land-use permits for a protected forest area.
The Forestry Ministry revoked the land-use permits for 23 mining and other operations in forested areas and said it may crack down further.Banpu last year generated revenue of 57 billion baht, 90% from mining in Indonesia and the rest from mines in China, electricity production and the power business in Thailand.
Annual coal production at Jorong contributes 1.9 million tonnes or 8% of the company's projected production of 23 million tonnes this year.
The company is in talks with Indonesian government officials over reopening the mine. Jorong still has five to seven years of operation left, said Mr Chanin.
Banpu has six coal concessions in South Kalimantan, including Jorong.
Banpu projects coal prices will be stable after the second half of the year. Prices are now US$88-89 per tonne and the average coal price in 2009 was $72.
Demand is expected to be stronger, especially in China and India, but prices might be lower than last year because of lower coal quality, Mr Chanin said.
Banpu since Jan 1 has sold about 50% of its total production of 23 million tonnes at an average price of $60.
BANPU shares closed yesterday on the SET at 526 baht, up 4 baht, in trade worth 270.5 million baht.
Source: Bangkok Post
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Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued&nb ...
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- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- The Treasury - Australian Government
- Australian Coal Association
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
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