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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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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Australian Coal Association
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- The University of Queensland
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- PTC India Limited - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
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