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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 $129/t, Reuters reported.
BHP Billiton primarily produces and markets high-quality hard coking coals for the international steel industry. In addition, it supplies a wide range of other coal qualities to satisfy specific customer requirements.
The company’s metallurgical coal assets are located in areas with seaborne access to key steel producing regions. The group has access to dedicated deep-water ports allowing the use of large capacity vessels to further build on regional logistic advantages.
Source: Mining Weekly By: Esmarie Swanepoel Edited by: Mariaan Webb
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Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
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- Sarangani Energy Corporation, Philippines
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- Price Waterhouse Coopers - Russia
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- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- The University of Queensland
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- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
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- Semirara Mining and Power Corporation, Philippines
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- Essar Steel Hazira Ltd - India
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- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Planning Commission, India
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- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
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- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
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- Bangladesh Power Developement Board
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- Intertek Mineral Services - Indonesia
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- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
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- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
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- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
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- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
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- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
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- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bhushan Steel Limited - India
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