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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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Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- Thiess Contractors Indonesia
- Parliament of New Zealand
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
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- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Planning Commission, India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- The University of Queensland
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- White Energy Company Limited
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
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