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Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthracite of Russia from 2010 for five years to feed its steel capacity expansion.
Both firms have signed a memorandum of agreement for the supply deal in Novosibirsk, Russia, a company spokesman said.
Another South Korean steel maker, POSCO, also signed a five-year contract on Wednesday to buy 1 million tonnes of coking coal and coal products per year from another Siberian miner, Sibuglemet, Interfax news agency reported.
The POSCO contract will also run from 2010, Interfax said.
Hyundai Steel is investing 5.84 trillion won ($5.61 billion) to build its first blast furnace to produce 8 million tonnes of steel annually.
The steel project, set to start operations in 2010, will boost output from the country's second-largest steelmaker by 60 percent.
For this expansion, Hyundai Steel late last year said it would buy 8 million tonnes of coking coal from BHP Billiton for five years, and reached similar deals with Canada's EVCC and Australia's Rio Tinto and Wesfarmers
Russia's largest miner of coking coal for the steel sector, Mechel, in February agreed to supply up to 300,000 tonnes per year of the fuel to Hyundai Steel.
Source: Reuters
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Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
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- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
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