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Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
 Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose 16 percent to 79.2 million tonnes, the country's mining regulator said on Thursday.
The largest production increases were in the Cesar province where Glencore's Prodeco unit, Drummond International, Vale and Goldman Sachs' local affiliate operate.
Colombia's coal industry is dominated by big producers, with their own port and railways, such as Glencore, Drummond and Cerrejon, which is owned equally by BHP Billiton, Anglo American and Xstrata.
The world's No. 4 coal exporter is experiencing a boom in investment into the petroleum and mining sectors thanks to a U.S.-funded security crackdown on illegal armed groups that has made it safer to explore and mine.
Colombia's No. 2 coal exporter Drummond -- an 80-20 joint venture with Japan's Itochu Corp -- saw output at its La Loma and El Descanso mines increase 9.5% to 23 million tonnes last year versus 2010, according to regulator data.
Output at Glencore's Prodeco unit went up 44% to 14.38 million tonnes in 2011 versus 2010, the data showed.
Production in the Guajira state -- where Cerrejon, the country's largest exporter, has four of five licenses to mine -- increased 7% to 33.3 million tonnes in the same period.
The top three producers export almost all their output. The main markets for Colombia's coveted coal are the United States and Europe although exporters have made shipments to Asia depending on the cost of freight.
The regulator did not give a reason for output changes, but all major thermal producers are currently expanding their mines and infrastructure in Latin America's top coal exporter.
Colombia's coal production is expected to reach 97 million tonnes this year, the mining minister has said.
Production at Vale's mines rose 19.4% to 3.57 million tonnes last year while output at Goldman Sachs' Colombian Natural Resources increased 58% to 2.39 million tonnes.
Reuters was first to report that Vale was selling its Colombian coal operations in November.
Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the wings and rival traders stay away, industry sources familiar with the matter said.
Coal mines in the past few years have attracted almost frenzied M&A interest, particularly from traders seeking to become vertically integrated and Asian consumers such as India and China, but buyers are becoming more choosy, focusing on large, low-cost mines with big reserves.
Source: Colombia Reports
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Agrawal Coal Company - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- The University of Queensland
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
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