We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
 * CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not cause long-term problems
Italy's Coeclerici Coal and Fuels, one of Russia's eight largest steam coal exporters, wants to acquire a second mine in Siberia's Kuzbass region and raise exports to Asia, the company's chief executive told Reuters.
"We hope to increase tonnage. That's why we are looking for a high vols mine in Kuzbass," Giovanni Marchelli said in an emailed response to questions, referring to the amount of volatile matter found in a mine's reserves.
Coeclerici, the second-largest coal exporter at Murmansk Commercial Seaport behind Russia's SUEK, acquired its first Russian steam coal mine in April 2008.
Production at the Korchakol mine is expected to exceed 550,000 tonnes this year, up from 450,000 tonnes in 2008. Next year, output is expected to reach about 750,000 tonnes, below a target of 900,000 tonnes cited by Marchelli in January.
Historically, the company has shipped Russian coal to European markets, but Marchelli said some coal was now heading to Asia.
Major producers have increased eastbound shipments this year to take advantage of strong Asian prices, stretching Russia's limited rail capacity.
"In the last few months, we did a few cargoes and for sure it is our intention to grow in that area," Marchelli said.
SOLVING PORT PROBLEMS
Coeclerici plans to export 3 million tonnes of coal via Murmansk this year and to increase this amount in 2010.
The Murmansk port, which remains ice-free all year, is experiencing some seasonal delays associated with unloading frozen coal, though these pale in comparison with the major congestion seen in the Far East.
"There is always something unexpected. Delays could be caused by a lack of wagons, or vice-versa, by having too many wagons to be discharged," Marchelli said.
"In any case, the port always solves all problems in a very short time."
Murmansk port director Viktor Morozov said in October that his company plans to build a new terminal to double coal exports by 2015, and Marchelli said Coeclerici would take advantage of the expansion to increase exports.
He added that per-tonne prices for API2 Russian coal were now in the mid $70s, down about $10 per tonne from January, while rail freight tariffs were up about $4-$5 per tonne.
He expected coal prices to remain at this level in 2010.
The executive declined to say whether Coeclerici's Russian operations were profitable this year.
"Like everybody, we are suffering because of the market," he said. "We are not considering Russia year-by-year but on a long-term basis only ... Of course we cannot pretend to always make money."
Source: Reuters / Forexyard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
Thursday, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
|
|
|
Showing 6111 to 6115 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Planning Commission, India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Borneo Indobara - Indonesia
|
| |
| |
|
