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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, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Economic Council, Georgia
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
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