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Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a venture with a Fujian state-owned enterprise, Fujian Materials (Group) Co., Ltd (FMGC) for sale and export of coal to China.
FMGC intends to import 2 million tonnes of coal annually from Australia, steadily increasing this to 10 million tonnes per annum.
FMGC has agreed to purchase coal exclusively from ASF Group sourced from the Australian energy and resources sectors.
The coal will be sourced from coal fines deposits at coalfields on the south coast of New South Wales.
ASF Energy is also seeking other supply sources of Australian east coast coal which could either be contracted for supply or acquired to assist ASF to expand its coal supply and export business.
FMGC has already raised a Letter of Credit in ASF Energy’s favour in respect of the first shipment, comprising approximately 45,000 tonnes of coal which is expected to depart Port Kembla by February, 2010.
Subject to the successful completion and delivery of this shipment, ASF Energy intends to make regular monthly 45,000-tonne coal export shipments to FMGC, thereby creating a significant source of recurring cash flow for ASF.
ASF Group chairman, Min Yang said the company is encouraged by the exclusive working relationship with Fujian Materials. The first transaction represents a qantifiable first step in the relationship with a key Chinese state owned enterprise.
ASF is looking to develop a profitable business in the export of coal from Australia to China. The company's key relationships in China had been instrumental in the procurement of the agreement.
Source: Proactive Investors
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- Indika Energy - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
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