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Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter and a coal-fired power plant in Indonesia.
The Indonesian government is said to have approved the Indian company's multi-million dollar investment project in the coal-rich East Kalimantan region, said media reports.
"We have projected an investment of around Rs1,500 crores (RM1.05 billion) a year in Indonesia, starting 2012-13.
"The investment will be made in tranches and the amount will go up in step with the progress of the project," A.K. Srivastava, Nalco chairman and managing director, was quoted by the Economic Times in Kolkata.
Nalco is planning to set up a 500,000 metric tonne smelter and a 1,250MW coal-fired power plant in East Kalimantan in the next 48 months.
Investment in the green field projects, to build both the plants, is estimated to cost Nalco nearly US$3 billion (RM10.5 billion).
The public sector unit, under India's Ministry of Mines, signed a MoU with the Indonesian government in January 2008 to initiate the project.
Nalco will collaborate with the United Arab Emirates' RAK Minerals & Metals to develop port facilities and rail corridor in Indonesia to transport the coal, said Srivastava.
The Orissa-based company produces nearly 400,000 metric tonnes of metal a year, making it the third largest aluminium maker in India
Source: Bernama (By P. Vijian)
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Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
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- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- The University of Queensland
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Planning Commission, India
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
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