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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, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
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- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
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