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Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
 VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same period last year.
Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion.
Buyers were primarily China, Japan, Thailand, India, Malaysia, South Korea and Europe, said Tran Xuan Hoa, general director of the Viet Nam National Coal and Mineral Industries Group (Vinacomin).
Local consumption was 10.98 million tonnes, also equal to the same period last year.
Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion (US$1.1 billion), of which VND12 trillion ($667 million) was from exports, Hoa said.
Vinacomin plans to export 3 million tonnes of coal this year. Despite its estimated 42 billion tonnes of coal reserves, the company is struggling to cater for steeply rising domestic energy demand of 17-20 per cent a year and plans to lower its export target.
Coal for China
Vinacomin was expected to export 10.5 million tonnes of coal to China for the second half of this year and the first quarter of next year, said Pham Minh Chau, head of Vinacomin's export department.
The coal utility would sell 2.5 million tonnes of fine anthracite coal to China through the Van Gia transhipment area in the northeastern province of Quang Ninh by directly signing contracts with Chinese companies. Coal could be exchanged for goods under these contracts, he said.
More than 336,000 tonnes of coal was sold through the Van Gia transhipment area from mid-May to mid-July at a price of $38 per tonne, representing 93.92 per cent of the volume signed with Chinese companies.
Of the figure, Hon Gai fine anthracite coal 11C accounted for 160,000 tonnes, the official added.
The Hon Gai fine anthracite coal 11A sold under contracts signed between the two governments was sold for $46 per tonne last June, Chau said.
Direct coal trading between Vietnamese and Chinese companies resumed last March after it was banned in May 2007 due to rampant coal smuggling in Quang Ninh.
Within a day in May 2007, 104 ships were seized in Van Gia for illegal coal transport because domestic prices were lower than international ones.
Chinese buyers were small companies in Guangxi province's Dongxing, the only port linking China and Viet Nam by both land and water, Chau said.
Now demand for coal is not as high as in early 2008 due to the global economic crisis, Chau said.
China, the world's largest coal producer and consumer, is expected to be a net coal importer for the first time in 20 years, as low prices in the international market and sluggish demand discourage exporters, according to analysts.
Several analysts have forecast that Chinese domestic coal prices, now hovering around $89 a tonne, could rise in the coming months on the back of summer demand and economic growth. China's power output rose on the year in June for the first time since last October, thanks to a pick-up in the economy and rising temperatures.
Supply has also been improving, as some of China's small coal mines are slowly returning to production, months after being shut down for strict safety inspections ordered by the central government.
Source: VietNamNet Bridge
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Friday, 22 May 09
INDONESIA`S BUKIT ASAM TO HAVE POWER PLANT IN 2011 - ANTARA
The construction of a power plant in South Sumatra by coal mining company PT Tambang Batubara Bukit Asam will be completed in April 2011.
T ...
Friday, 22 May 09
NOBLE WINS CONTROL OF AUSTRALIA'S GLOUCESTER COAL - BLOOMBERG
Noble Group Ltd., a Hong Kong- based commodity supplier, won control of Australia’s Gloucester Coal Ltd. after last week raising its cash bid ...
Thursday, 21 May 09
FBR STARTS COVERAGE OF SHIPPING SECTOR - REUTERS
Friedman Billings Ramsey began coverage of the shipping industry, saying the sector, which is amidst a deep cyclical downturn, is poised for a recov ...
Thursday, 21 May 09
INDONESIAN COAL PRODUCTION IN Q1 BELOW TARGET - STEEL GURU
Mr Bambang Gatot Ariyono director for coal and mineral development at the Energy and Mineral Resources Ministry said that the coal production in the ...
Wednesday, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
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- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- The University of Queensland
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
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