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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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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
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- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
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