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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, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
Saturday, 08 May 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND PANAMAX / $ 21500 & SUPRAMAX / $ 18500 PER DAY - VISTAAR SHIPPING
COALspot.com: The BDI continued to go up and was up by 7.57 pct even though the stock markets was severely affected with worries on Greek debt crisi ...
Saturday, 08 May 10
MAHAGENCO TO IMPORT 3.35 MILLION TON OF COAL
COALspot.com: Indian utility Maharashtra State Power Generation Co. Ltd. is in market for 3.35 million tones of imported coal. The purchase of coal ...
Saturday, 08 May 10
NAPOCOR BUYS 122,000 TONS COAL - ABC CBN NEWS
ABC - CBN News reported that, State-run National Power Corp. (Napocor) said on Thursday it awarded 2 contracts for the supply of a total 122,000 ton ...
Saturday, 08 May 10
RICHARDS BAY COAL SHIPMENTS FALL TO AN 11-MONTH LOW - BLOOMBERG
Bloomberg reported that, Coal shipments from Richards Bay Coal Terminal, Africa’s biggest export facility for the fuel, fell to an 11-month lo ...
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- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Aditya Birla Group - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
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