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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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Friday, 11 February 11
DRY BULK MARKET HEATING UP ON FRESH CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is on a high this week, with owners of smaller vessels turning their attention towards the spot market, in order to take advanta ...
Thursday, 10 February 11
SUPRA RATES IMPROVED A LITTLE OVER US$ 6K BSS N. CHINA DELIVERY FOR INDO-INDIA AND THAILAND ROUNDS - FEARNBULK
Handy
Atl is still weak with little fresh enquiry and an accumulation of spot tonnage.Owners are reluctant to send tonnage thru Suez due to uncert ...
Thursday, 10 February 11
BUKIT ASAM EXPECTS ABOVE RP 3 TRIO PROFIT
The state-owned coal miner PT Tambang Bukit Asam Tbk (PTBA) expects to reach 2011's net profit above Rp 3 trillion (US$ 336,322,568) from above Rp2 ...
Wednesday, 09 February 11
INDONESIA ALLOWED 60 COAL TRADING COMPANIES TO EXPORT COAL
COALspot.com - A temporary ban imposed on coal traders in January has lifted this week. As of today 60coal trading companies were allowed to resume ...
Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
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- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
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