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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Thursday, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...
Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that, A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...
Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...
Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...
Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...
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- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
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