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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 $60.
BANPU shares closed yesterday on the SET at 526 baht, up 4 baht, in trade worth 270.5 million baht.
Source: Bangkok Post
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- The University of Queensland
- Planning Commission, India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
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