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Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN


Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal for its Jerada plant in the north of the country, well in advance of the early September bid deadline.

ONE requires three 38,000 mt shipments for delivery in November and December 2009 and January 2010 on a CIF Nador basis. Bids are due by September 2. Sources said that while the Jerada plant can usually take mid-volatile South African or Russian coal, the current high spot price of Richards Bay FOB material at over $60/mt would more than likely give suppliers of Russian coal the advantage in the tender.



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Recent News

Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains * Mining majors expected to buy not sell * South Africa a target, Indonesia less so By Jackie ...


Friday, 28 August 09
JSW MAY BUY AFRICAN MINE FOR US$ 350
The Economic Times Reported that, The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimate ...


Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad ...


Thursday, 27 August 09
CIL TO SPEND US$ 1 - 1.5 BN TO ACQUIRE ASSETS IN 4 COUNTRIES
Business Standard reported that, "Coal India is looking to spend $1-1.5 billion in acquiring mining assets in Australia, Indonesia, South Afric ...


Wednesday, 26 August 09
INDIA'S JSW TO DOUBLE JAIGARH PORT CAPACITY TO 20 MT
Sea Trade Asia reported that, JSW Jaigarh Port, a wholly owned subsidiary of JSW Infrastructure & Logistics, plans to double cargo handling capa ...


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