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Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010, with customers in Europe, China, India and Japan.
The world’s number-one coking coal miner said that the deals were based on a “structural change” to shorter-term market-based pricing for the contract period.
The settlements reflected the company’s commitment to achieving market-clearing prices over time, across all its bulk commodities, said BHP Billiton, led by CEO Marius Kloppers.
The diversified mining company did not disclose the terms of the agreements with the European and Asian clients.
However, on Friday, newswire Reuters quoted Japanese steelmaker JFE Holdings as saying that it had agreed a coking coal price of $200/t for April to June.
The price for the three-month contract period represented a 55% increase from the benchmark price for the 2009/10 financial year of $129/t, Reuters reported.
BHP Billiton primarily produces and markets high-quality hard coking coals for the international steel industry. In addition, it supplies a wide range of other coal qualities to satisfy specific customer requirements.
The company’s metallurgical coal assets are located in areas with seaborne access to key steel producing regions. The group has access to dedicated deep-water ports allowing the use of large capacity vessels to further build on regional logistic advantages.
Source: Mining Weekly By: Esmarie Swanepoel Edited by: Mariaan Webb
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Tuesday, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia.
KEPCO signed a 400 million Austra ...
Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
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- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Australian Coal Association
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
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