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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 $129/t, Reuters reported.
BHP Billiton primarily produces and markets high-quality hard coking coals for the international steel industry. In addition, it supplies a wide range of other coal qualities to satisfy specific customer requirements.
The company’s metallurgical coal assets are located in areas with seaborne access to key steel producing regions. The group has access to dedicated deep-water ports allowing the use of large capacity vessels to further build on regional logistic advantages.
Source: Mining Weekly By: Esmarie Swanepoel Edited by: Mariaan Webb
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Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
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- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Australian Coal Association
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
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