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Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first time as surging electricity demand prompted diversification of purchases, an official said.
The first cargo of fuel will be imported in a capesize, a vessel that has a carrying capacity of at least 110,000 deadweight tons, the company official said, asking not to be named because of confidentiality agreements. The company is negotiating a long-term contract, he said, declining to identify the mine and provide quantities.
Colombia’s Cerrejon, the world’s largest open-pit mine producing coal for export, may make its first sales to India this year, Leon Teicher, the venture’s chief executive officer, said in an interview this month. The project started shipping fuel through the Panama Canal and on other routes to China after prices became “much better” than those in Europe, he said.
Colombian coal may land in Mundra and Dahej ports on India’s west coast because they can handle capesizes, the Adani official said.
BHP Billiton Ltd., Anglo American Plc and Xstrata Plc each own a third of Cerrejon, which will produce 31 million to 32 million tons of coal in 2010. Last year, the mine cut production because of weak demand in Europe and the U.S.
Indian thermal coal imports surged last year to a little less than 60 million metric tons from about 30 million in 2008, Macquarie Group Ltd. said in a report in March. India plans to almost double electricity generation capacity by 2012, when the shortage of coal will exceed 200 million tons.
India received 6.06 million tons of coal, which is used to produce electricity and as feedstock to make steel, in February from suppliers in Australia, Indonesia and South Africa, port data showed. That compares with a monthly average of 4.9 million tons a year earlier, India’s coal ministry said.
Source: Bloomberg (By Archana Chaudhary and Dinakar Sethuraman --With assistance by Heather Walsh. Editors: Ang Bee Lin, Clyde Russell.)
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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
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- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
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