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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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Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...
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- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- ASAPP Information Group - India
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- The University of Queensland
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