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Tuesday, 08 February 11
INDIA'S SIMHAPURU TARGETS S.AFRICAN COAL - ECONOMIC TIMES
 Economic Times reported that, India's Simhapuri Energy , a unit of the Madhucon Group , wants to buy new or existing collieries in South Africa from where it aimed to export a minimum of 5 million tonnes within five years, an official said on Tuesday.
ET furhter reported that, Indian companies are buying coal assets in top five global exporter South Africa as it moves to secure resources for a growing economy and to feed coal into new power plants.
"We want to invest in coal and are looking at some acquisitions. From South Africa we are targeting a minimum of five milion tonnes of coal for export within five years," Nama Krishnaiah, director of Simhapuri Energy, told Reuters on the sidelines of an African mining conference.
Displacing Europe, India and China are emerging as the two main destinations for coal from South Africa, which last year shipped some 63 million tonnes of thermal coal.
Maducon Group has interests in the construction, coal and sugar industries, with Madhucon Projects listed in Bombay.
Krishnaiah said the company, which recently opened offices in Johannesburg, was in discussions with unnamed junior miners, as well as applying directly to the Department of Mineral Resources for mining licenses.
"At this moment we are targeting some brownfield projects that have mining licenses, but we are looking at greenfield (developments) also," said Krishnaiah, adding that Zimbabwe's coal fields were also attractive.
He said the company, which was developing a 1,920 megawatt power plant near India's Krishnapatnam port, was financially strong and had capital to purchase coals assets.
The company already owns coal mines in Indonesia.
Source: Economic Times
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Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...
Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...
Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...
Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...
Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI.
The BDI closed at 1, ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Australian Coal Association
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
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