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Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose 16 percent to 79.2 million tonnes, the country's mining regulator said on Thursday.
The largest production increases were in the Cesar province where Glencore's Prodeco unit, Drummond International, Vale and Goldman Sachs' local affiliate operate.
Colombia's coal industry is dominated by big producers, with their own port and railways, such as Glencore, Drummond and Cerrejon, which is owned equally by BHP Billiton, Anglo American and Xstrata.
The world's No. 4 coal exporter is experiencing a boom in investment into the petroleum and mining sectors thanks to a U.S.-funded security crackdown on illegal armed groups that has made it safer to explore and mine.
Colombia's No. 2 coal exporter Drummond -- an 80-20 joint venture with Japan's Itochu Corp -- saw output at its La Loma and El Descanso mines increase 9.5% to 23 million tonnes last year versus 2010, according to regulator data.
Output at Glencore's Prodeco unit went up 44% to 14.38 million tonnes in 2011 versus 2010, the data showed.
Production in the Guajira state -- where Cerrejon, the country's largest exporter, has four of five licenses to mine -- increased 7% to 33.3 million tonnes in the same period.
The top three producers export almost all their output. The main markets for Colombia's coveted coal are the United States and Europe although exporters have made shipments to Asia depending on the cost of freight.
The regulator did not give a reason for output changes, but all major thermal producers are currently expanding their mines and infrastructure in Latin America's top coal exporter.
Colombia's coal production is expected to reach 97 million tonnes this year, the mining minister has said.
Production at Vale's mines rose 19.4% to 3.57 million tonnes last year while output at Goldman Sachs' Colombian Natural Resources increased 58% to 2.39 million tonnes.
Reuters was first to report that Vale was selling its Colombian coal operations in November.
Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the wings and rival traders stay away, industry sources familiar with the matter said.
Coal mines in the past few years have attracted almost frenzied M&A interest, particularly from traders seeking to become vertically integrated and Asian consumers such as India and China, but buyers are becoming more choosy, focusing on large, low-cost mines with big reserves.
Source: Colombia Reports
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Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com - Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...
Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
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- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
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