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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, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- PTC India Limited - India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
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