|
|
The event for producers, traders, financiers, logistics operators and buyers The Asian coal markets are driving demand and pricing across the whole coal industry. With Indonesia and Australia, the largest exporters of thermal coal in the world, placed geographically close to China, Japan and India they are set to maintain their dominant position in the market. Indonesia is forecasting production to reach 270mt by the end of 2010 compared to 254mt in 2009 - and will rise to an estimated 315mt by 2011. How will this increase in production be absorbed by the market and what impact will it have on the other exporting countries? But what of coal qualities? Australia has managed its mining operations to maintain coal grades but other countries due to rapid expansion will have to adjust export specifications as exports continue to rise. Indonesia is moving ahead with expansion into “Low Rank” coals as the buyers’ requirements widen. To meet Asia’s demand for growth, investment is still needed within infrastructure and mining operations. Australia and Indonesia both face the issues of increased transportation distances, export taxes, funding and capital costs to name just a few. The conference will cover the following topics and more:
|
|
|||||||||||||||||||||||||||||||||||||||||||||
|
©IHS Global Limited 2010. Published by McCloskey. Terms & Conditions |
|
|