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Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian traders participating in the tender said.
Indian demand for South African coal has been the most important factor supporting prices at over $60.00 a tonne FOB Richards Bay throughout this year.
India has accounted for around 14 million tonnes or 35 percent of South Africa's coal exports this year - a proportion which will rise if state power plants begin taking South African coal instead of Indonesian.
South African coal prices will also rise if the Indian power sector takes a potential extra 4 million tonnes, traders said. Until now, South African coal has been bought by Indian end-users in the cement and sponge iron sectors.
Speaking on the sidelines of the Coaltrans coal industry conference in London, traders said MMTC was expected to award the tender for one year's supply shortly.
"They called all the shortlisted companies in to open the tender and then they delayed again. The Commerce Ministry had not given clearance," one trader said.
"South African coal could easily make up 30 percent of the tonnage. It's a good coal, it's competitive and it works well into the Indian power sector," another trader said.
South Africa's exports will fall this year to around 60 million tonnes from 67 million last year due to rail restrictions.
At best, South Africa will export no more than 69 million tonnes next year, industry sources said.
Any increase in Indian demand will boost prices, they said.
MMTC awarded its 12.5 million coal tender in June to traders Adani, but was forced to scrap it and re-tender after accusations of unfair terms by a participating company which was disqualified.
After re-tendering, Adani, Bhatia, Coal & Oil and Agarwal were shortlisted. The Commerce Ministry is closely overseeing the coal tender and will have to approve the final award before it is made, traders said.
Source: Reuters
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Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
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- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- PTC India Limited - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
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