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Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
 The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports are affected by carbon taxes and environmental concerns.
A study, released today by the University of Queensland and entitled “Coal and the Commonwealth”, said China, an increasing importer of thermal coal, would probably look to Indonesia and Russia for supply, if Australia’s exports were affected by carbon taxes and environmental concerns.
“However the ability of these countries to sustain supply to China is questionable,” the report found.
“In the event of volatility in supply China could revert to exploiting reserves of inferior quality coals located in its central and southern provinces.
“It is therefore in the world’s best interests to continue to make low emission Australian coal available at competitive world prices.”
The report also outlined the emerging new technologies for coal and the rise of the coal seam gas industry.
The report, edited by Professors Peter Knights and Michael Hood, said proven, probable and possible reserves of CSG now exceed 800 million tonnes -- larger than the LN G reserves off the north and west coasts of Australia.
“With over $18 billion of projects in the planning, the CSG industry has the potential to be the next great industry for Australia,” the report said.
The concept of a “cleaner coal” is shifting in Australia towards low emission coal technologies, the report said.
The Australian reported today that according to an audit by the Rudd government's own global carbon capture and storage institute, clean coal power stations were not viable until the carbon price reached a minimum of $60 a tonne -- a level the Australian government did not anticipate until almost 2030.
The new $100 million-a-year institute found the business case for clean coal technology could only work if governments helped build the first commercial-size carbon capture and storage power plants on a "field of dreams", or "build it and they will come", basis.
Resources Minister Martin Ferguson recently said as the world's largest exporter of coal and a nation which derives around 80 per cent of its electricity from coal, it was vital that Australia made technological progress on CCS -- and soon.
Today's report, commissioned by Peabody Energy, said Australia had sufficient CCS capacity to outlast its reserves of coal.
Twelve CCS demonstration programs worth in excess of $1 billion are currently underway in Australia.
“Australia, because of its vested interest in continuing to reap the economic benefits from its plentiful coal resources and its heavy reliance on coal as an energy resource, is among the world leaders in the development of these low emissions technologies,” the report said.
Source: The Australian
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Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioriti ...
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- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- Aditya Birla Group - India
- GMR Energy Limited - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
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