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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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Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
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Showing 6026 to 6030 news of total 6871 |
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- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- White Energy Company Limited
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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