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Monday, 10 November 14
MOZAMBIQUE SIGNED CONTRACT WITH ETA STAR OF UAE FOR OPEN CAST COAL MINE IN TETE - AIM
 - ETA Star to build slurry pipeline over the 600 kilometers to Beira in Mozambique to transport coal.
- The viability studies show the presence of 1.9 billion tonnes of coal in the concession area of ETA star in Mozambique
COALspot.com: Mozambique’s Minister of Mineral Resources, Esperanca Bias, on Thursday signed contracts for two more open cast coal mines in the western province of Tete, with the Eurasian Natural Resources Corporation (ENRC) of Kazakhstan, and ETA Star of the United Arab Emirates, as reported by AIM.
Minister of Mineral Resource said that the signing of these two important contracts demonstrates investor confidence in the economic and business potential of Mozambique.
According to AIM, Mozambique News Agency, the contract with ETA Star is for a mine in Moatize district covering 4,000 hectares, 40 kilometres from Tete city.
The viability studies show the presence of 1.9 billion tonnes of coal in the concession area. In the initial stage of mining the company intends to produce four million tonnes of high quality thermal coal a year, but at a later stage this could be increased to 10 million tonnes or more a year, according to the director of ETA Star-Mozambique, Mubarak Hussein, as reported by club of Mozambique.
Hussein said the headache of moving the coal to port could be solved by building a slurry pipeline, in which the coal would be mixed with water and pumped over the 600 kilometers to Beira. He claimed this would be an environmentally-friendly solution to the logistics problem. No decision on this has yet been taken and the matter is under discussion with the government, as reported by AIM.
ETA star is also planning to establish a consortium to build slurry pipe line.
ETA-Star is investing 250 million dollars in the mine, and production is expected to start by the end of 2015. There will be 560 jobs at the mine, and Hussein guaranteed that 90 per cent of them would be for Mozambicans.
According to media, he, Hussein, admitted that the major challenge facing the company “is the international price for coal, which is currently very low. But we don’t expect it to remain low for long. We see this as a long term investment”.
The government of Mozambique also signed an agreement with ENRC.
Source: AIM and other Medias
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Friday, 17 October 14
INTERNATIONAL COAL PRICES ARE AT LOWEST LEVEL; COAL STOCKS AT INDIAN POWER PLANTS ARE ALSO AT LOWEST LEVEL
International coal prices as well as coal freights are falling and reaching to its lowest levels. According to PTI, fuel stockpiles at the thermal ...
Friday, 17 October 14
U.S. COAL PRODUCTION UP BY 3.6% WEEK - ON - WEEK
COALspot.com – United States the world's one of largest coal producers, produced approximately 19.20 million short tons (mmst) of coal in ...
Friday, 17 October 14
DRY BULK SHIPPING'S OUTLOOK NOW SHIFTING TO A LESS PROMISING ONE, SHIP PRICES EXPECTED TO FOLLOW SOON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
China’s and other Asian countries’ return to the dry bulk market last week, didn’t trigger the hoped support towards the dry bulk ...
Thursday, 16 October 14
KOREA MIDLAND POWER TO BUY 490K MT OF LCV COAL FOR 1Q 2015
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 490,000 Metric Tons (MT) of LCV (Sub) Bitumino ...
Thursday, 16 October 14
PANAMAX OWNERS RECEIVE A PREMIUM FOR GOING TO INDIA VIA INDONESIA - FEARNLEYS AS
Handy
The Handy/Supra market continues to slide in both hemispheres, said Fearnleys AS in its latest week report. In the Atlantic we see rates co ...
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- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- VISA Power Limited - India
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Indian Energy Exchange, India
- The University of Queensland
- Parliament of New Zealand
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
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