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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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Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...
Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...
Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...
Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...
Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
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- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
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