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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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Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...
Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...
Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African c ...
Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing.
China's largest coal pr ...
Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
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- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
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