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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, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
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- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
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