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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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Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
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- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
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