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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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Monday, 13 October 14
INDONESIAN COAL SWAPS FOR DELIVERY Q4' 2014 GAINED WEEK ON WEEK AND DAY ON DAY
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 gained week on week and day on day.
The swap lost US$ 0.13 (-0.25%) month on mon ...
Monday, 13 October 14
Q1' 2015 CFR SOUTH CHINA COAL SWAP CLOSED US$ 0.31 PMT HIGHER THAN Q4' 2014 CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 0.66 (-1.00%) month over month and US$ 0.40 (-0.61%) ...
Sunday, 12 October 14
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE WEAK - VISTAAR
COALspot.com: This week all the segments softened. The BDI down 7.13 pct week on week and closed below 1000 points at 963 points.
The Cape ind ...
Saturday, 11 October 14
COAL PRODUCTION RISES ONLY SLIGHTLY AS GOVT LIMITS MINING OPERATIONS - THE JAKARTA POST
Indonesian coal production rose by only 4 percent in the first nine months of this year, a relatively low increase compared to previous years, as t ...
Friday, 10 October 14
INDONESIA TO DEVELOP DOWNSTREAM COAL INDUSTRY - JP
The government is planning to launch a program to develop the downstream coal industry to increase the commodity’s added value, an official h ...
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- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Parliament of New Zealand
- The University of Queensland
- New Zealand Coal & Carbon
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- White Energy Company Limited
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
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