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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Minerals Council of Australia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Australian Coal Association
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
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