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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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Tuesday, 11 August 09
ZAMBIAN COAL BUYERS CONTINUE IMPORTING COAL FROM ZIMBABWE
Lusaka Times reported that, Coal mining companies have bemoaned the lack of market for their produce as prospective buyers continue importing the co ...
Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA
The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter ...
Monday, 10 August 09
MANGALAM CEMENT PLACES ORDER FOR CAPTIVE POWER PLANT
Steel Guru reported that, Mangalam Cement Ltd has announced that the company on August 6th 2009 finalized order for Captive Thermal Power Plant of 1 ...
Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same p ...
Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...
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- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Australian Coal Association
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- The University of Queensland
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
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