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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, 22 September 14
CFR SOUTH CHINA COAL SWAPS LOST ON DAY, WEEK AND MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 3.10 (-4.50%) month over month and $ 0.95 PT MT week over ...
Monday, 22 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.35 (+0.69%) day on day and lost US$ 0.30 (-0.58%) per mt week on week. ...
Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week.
BDI fell 8.97% week on week and closed BDI at 1075 points on ...
Friday, 19 September 14
U.S. WEEKLY COAL PRODUCTION RELATIVELY FLAT AT +0.1% - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Friday, 19 September 14
PRICES FOR DRY BULK CARRIERS HAVEN'T CORRECTED ENOUGH, DESPITE LOWER THAN EXPECTED FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lot has been said and written about the looming dry bulk market recovery over the past few months. However, even if this hasn’t been materi ...
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- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
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- Intertek Mineral Services - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
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- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
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- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
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- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- The University of Queensland
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
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