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