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Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport minister said the new line will link the coal-rich northern Moatize mines to Nacala port by 2015.
He said funding from the Dutch and Danish government as well as the European Union meant construction could start in two months. The Brazilian firm mining in Moatize says it represents one of the world's last great unexploited coal reserves.
Mozambique's railways, ports and mines are slowly recovering from a brutal civil war that ended in 1992. Three years ago, the 670km (420 mile) long Sena Railway linking Beira port to Moatize was cleared of mines and unexploded ordnance.
But the BBC's Jose Tembe in the capital, Maputo, says the line was never completely refurbished and the silted port of Beira is now unable to handle big vessels.
So Transport Minister Paulo Zucula said the new line will link the existing Sena line to a railway that runs between the deep water port of Nacala and Malawi.
'Unexploited coal reserve'
Its completion, including the refurbishment of the Nacala-Malawi railway, will come at the peak of Moatize mine's coal production, Mr Zucula said. Operations at Moatize, in Tete province, are run by Brazilian mining giant, Vale.
Mr Zucula said some of the new funding would also be used to dredge Beira port.
Our correspondent says the railway is part of Mozambique's plan to become a regional trans-shipment route.
Its three key ports - Maputo, Beira and Nacala - are strategically important to Mozambique's neighbours, especially landlocked Malawi, Zambia and Zimbabwe, as well as parts of South Africa.
The country also wants to serve as an alternative to the highly congested ports of Dar-es-Salaam in Tanzania and Kenya's Mombasa.
Source: BBC
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Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...
Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week.
...
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...
Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal.
Jakarta-based Emanuele ...
Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains
* Mining majors expected to buy not sell
* South Africa a target, Indonesia less so
By Jackie ...
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- ASAPP Information Group - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Minerals Council of Australia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- The University of Queensland
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
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