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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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
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- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
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