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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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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
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- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- White Energy Company Limited
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Economic Council, Georgia
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
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