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Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
 * First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.
The company had earlier predicted for the license to be granted within the third quarter.
Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.
"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.
CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.
The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.
Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.
CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.
The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.
The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.
"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.
Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters
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Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
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- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
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