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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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Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...
Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...
Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...
Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy
The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...
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- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Australian Coal Association
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
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