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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, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- PTC India Limited - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
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