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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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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...
Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy
The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...
Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...
Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology.
Coal fuels ...
Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...
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- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
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