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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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Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...
Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal firms to ...
Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG
Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...
Wednesday, 01 April 09
INDONESIAN GOVERNMENT REVISES MINING REVENUE TARGET DOWN 26% - THE JAKARTA POST
Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...
Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...
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- Central Java Power - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- The University of Queensland
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
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