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Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could undermine export markets for the Australian commodity.
Rio Tinto chief executive Tom Albanese said he knew the leader of an energy company who likened opportunities in Mongolia to a ‘‘religious experience’’.
‘‘Coal from Mongolia to China is happening. It is expanding, probably doubling every two years,’’ Mr Albanese told an investors’ conference in Sydney on Monday.
‘‘Will that coal get to the seaborne markets? I suspect it will.
‘‘Will it get to the seaborne markets at a lower delivered cost than Australian coal? I suspect it will too,’’ he said.
Mr Albanese said problems at the world’s biggest coal port, Newcastle, were unhelpful.
He said Rio Tinto’s Australian coal production was not at capacity purely because of logistical reasons in getting the coal exported.
‘‘We should remind ourselves that Australia is not the only source of supply for the Asian seaborne market, so if the coal chain does not pick up, others will find their way to that market,’’ he said.
Mr Albanese said Rio Tinto was leading the way in moving towards a longer-term take-or-pay arrangement at the Newcastle port facility.
Newcastle’s coal port has been plagued by congestion over the past 20 years, causing headaches for exporters.
Mr Albanese said his company was continuing to look to invest in Mongolia, where coal coal horizons were 300 metres or more in thickness.
‘‘We have coal interests through our stake in Ivanhoe (Australia Ltd) but we also have coal interests on our own in Mongolia via Rio Tinto explorations,’’ he said.
Source: The Age
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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- VISA Power Limited - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Australian Coal Association
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Planning Commission, India
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