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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 $129/t, Reuters reported.
BHP Billiton primarily produces and markets high-quality hard coking coals for the international steel industry. In addition, it supplies a wide range of other coal qualities to satisfy specific customer requirements.
The company’s metallurgical coal assets are located in areas with seaborne access to key steel producing regions. The group has access to dedicated deep-water ports allowing the use of large capacity vessels to further build on regional logistic advantages.
Source: Mining Weekly By: Esmarie Swanepoel Edited by: Mariaan Webb
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Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
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- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
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