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Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a net importer in 2009 for the first time, said a JPMorgan report.
Under the circumstance, domestic companies began seeking investment opportunities in the overseas coal market in order to ensure domestic supplies.
On October 27, China Investment Corp. announced it would invest 500 million US dollars in Canada-based SouthGobi Energy Resources through the purchase of its 30-year convertible bonds. If China Investment Corp. were to convert all the bonds, it would acquire 22 percent equity of SouthGobi.
SouthGobi mainly explores for power coal resources in Mongolia and sells to China's Gansu province. The cooperation between China Investment Corp. and SouthGobi conjoins the two Gansu's power coal market.
Similarly, Huaneng Group, one of China's five power giants, also announced this July that it planned to acquire 51 percent equity of PT. Berau Coal, Indonesia's fifth largest coal producer, to guarantee its own coal supply to domestic power plants.
In fact, quite a few domestic power producers have shown overseas acquisition interests. Although overseas acquisitions are difficult, they still provide a way to maintain steady coal imports, noted an insider with Huaneng Group.
Source: China Mining
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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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- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Deloitte Consulting - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
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