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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 $1 billion are currently underway in Australia.
“Australia, because of its vested interest in continuing to reap the economic benefits from its plentiful coal resources and its heavy reliance on coal as an energy resource, is among the world leaders in the development of these low emissions technologies,” the report said.
Source: The Australian
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Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
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- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
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