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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, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...
Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...
Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...
Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy
After a quiet end to last week, the Atlantic handysize market continued&nb ...
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- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- The University of Queensland
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
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