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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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Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...
Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
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- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- London Commodity Brokers - England
- Central Electricity Authority - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
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