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Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and the first coal exports from the Moatize basin should occur in the first half of 2011, according to the Deputy Minister of Mineral Resources, Abdul Razak Noormahomed.
Speaking at an international conference on coal, held in Maputo on Tuesday, Razak said Mozambique is preparing to become a major player in the international coal market over the medium term. Exploration undertaken so far indicates that Mozambique possesses at least 23 billion tonnes of coal reserves.
Two companies have formal coal concessions in Moatize district, and are expected to start exports in early 2011. They are Vale of Brazil and Riversdale of Australia. But many other companies are exploring the Tete coal deposits, though they have not yet been granted mining concessions. In all, 105 licences for exploration have been issued.
Razak thought that, when they reach peak production, the Vale and Riversdale mines will be producing 46 million tonnes of coal a year. But within three to six years another three companies will probably also be mining in Tete.
This raises enormous logistical questions, since the Sena railway line from Moatize to the port of Beira does not have anywhere near the capacity to move such large quantities of coal.
Vale therefore plans to build a new railway from Moatize, across southern Malawi, to link up with the northern Mozambican rail line to the port of Nacala, which is ideal for mineral exports since it does not require dredging and can accommodate ships of any size.
A further option is to send the coal on barges down the Zambezi. The Mozambican Coal Development Association (AMDC) insists that the Zambezi must be made navigable for coal barges by 2012. It calculates the investment needed for this at 149 million euros (about 203 million US dollars).
Speaking to reporters at the conference, AMDC chairperson Francisco Casimiro warned "Within three years we shall exhaust the capacity of Beira port, so we need other, complementary solutions. As soon as the environmental impact study is complete, we must take the decision on whether or not to ensure the navigability of the Zambezi".
Casimiro added that barges on the Zambezi were not in competition with Vale's planned new railway. All the logistical solutions "are complementary. They each enter at their own time, while production continues to increase".
Source: All Africa
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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
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- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Planning Commission, India
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Indian Energy Exchange, India
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