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Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine once its starts production. The mine has estimated recoverable reserves of one billion tonnes.
But sources said that the date of actual production is still some time away and it is expected to kick off in 2010.
Mr HK Mittal chairman of Mercator Lines told Business Line that “We are still carrying out feasibility studies to develop the infrastructure needed. It will take us some time as it is a large asset and we a need lot of investments to produce 2.5 million tonnes every month.”
Without offering the financial details, he reiterated that the company had enough funds for the project.
Mr Mittal said that “We were into transportation and handling of coal. So we decided to get into coal mining. We have started with small mines to get the experience and will, in the future, ramp up production to 10 million tones.”
Mercator recently entered the coal mining sector by acquiring three mines in Indonesia and one in Mozambique as part of its backward integration initiative.
Source:http://steelguru.com/news/index/2009/06/12/OTgxNTM%3D/Mercator_Lines_targets_30_million_tonne_from_Mozambique_coal_mine.html
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Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
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- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
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