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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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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
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Showing 6321 to 6325 news of total 6871 |
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- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Australian Coal Association
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- The University of Queensland
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
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