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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 company said on Wednesday.
The future growth in metallurgical coal is focused around its existing properties in Queensland, Australia, Ian Cockerill, CEO of Anglo's coal unit, told a mining conference hosted by investment bank Credit Suisse .
Anglo's seaborne metallurgical coal output was 15-million tons last year and a presentation on Anglo's website showed potential output rising to over 30-million tons by 2018.
Anglo is the world's fourth-largest producer of both met coal and thermal coal used in power plants.
The world economic downturn has had a limited impact on coal-fired power generation and in 2009 China is expected to become a net importer of thermal coal, Anglo said.
Anglo -- the world's fourth-biggest diversified mining group by market value -- also has a pipeline of projects in thermal coal, which could lead to a 6 percent rate of compounded annual growth until 2018, the presentation said.
A graph showed Anglo's potential attributable output in seaborne thermal coal growing to over 50-million tonns by 2018 from 36-million in 2008.
Most of Anglo's thermal coal output is from South Africa but it also has operations in Colombia and Australia.
Source: Mining Weekly
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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 Anthrac ...
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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- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
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