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Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity prices rebound.
Below is a list of some of the major investments and purchase agreements involving foreign companies in Russia, which was the world's third-largest steam coal exporter last year:
Foreign Investment
* ArcelorMittal pays $720 million in 2008 to acquire three coal mines from Russian rival Severstal and affiliated parties in western Siberia's Kuzbass basin.
* Italy's Coeclerici acquires the Korchakol mine in the Kuzbass in 2008. The company has been active in the Russian market since the 1960s and exports 3 million tonnes of steam coal from the Arctic port of Murmansk annually.
* Global mining giant BHP Billiton and Russia's Norilsk Nickel in 2006 announce an alliance on minerals and exploration and development, focusing initially on western Siberia and northwest Russia. In October, 2009 an executive at the Russian miner says the two companies will start mining an Arctic coking coal deposit in 2015. Initial annual output will total 8 million tonnes, and plans call for later production to reach 12 million to 15 million tonnes per year.
COAL DEALS
* Russian steam coal producer SUEK in July, 2007 begins rail shipments to China Datang Corp as part of an agreement to supply at least 0.5 million tonnes of coal annually to the utility.
* South Korea's Hyundai Steel in February, 2009 signs an agreement to purchase 100,000 to 300,000 tonnes of coking coal per year from Russia's Mechel for five years starting on April 1, 2010.
* Japan's Mitsui in August, 2009 signs a cooperation agreement with Mechel covering a range of projects including the marketing and sale of coal and metals.
* Russia's Energy Ministry in September, 2009 says unnamed Chinese investors are in talks with Russian coal miners, including Mechel and United Industrial Corp to develop resources and infrastructure in the Far East.
* Hyundai Steel in September, 2009 says it will buy up to 300,000 tonnes of coal per year from Russia's Siberian Anthracite for five years starting in 2010.
* South Korea's POSCO in September, 2009 signs a five-year deal to purchase 1 million tonnes of coking coal and coal products from Sibuglemet, also starting in 2010.
Source: Reuters
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Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
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- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- White Energy Company Limited
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
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