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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
 Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low grade iron ore while major Chinese companies are buying up ore mines with two billion worth of reserves in Africa. "The ban will surely have an effect because about 50% of our exports are low grade iron ore," Royston Machado, an industry consultant working jointly with China Inspection and Quarantine, said. India sold 107 million tonnes accounting for 18% of Chinese imports in 2009.
The ban came into effect after the China Iron and Steel Association (CISA) advised ore buyers at a conference to stop buying low grade ores. "CISA has not yet issued a formal notification but the ban is already having an effect," Machado said.
The ban has not caused uproar because businesses in India are still not feeling the pinch. China has more than two months of stocks and the offtake from steel mills is low. Another reason is that the Goa port, which ships nearly half of Indian ores to China, is closed for monsoon.
"A clear picture would emerge after the Goa port reopens in October and there is a strong demand. Indian exports would be seriously reduced unless the government reconsiders the ban," sources said. The move was followed by a decision by the National Development and Reform Commission giving a green signal for the purchase of two African mines with reserves totaling 2 billion tonnes.
Three Chinese companies including the Wuhan Iron & Steel, are jointly buying a mine with reserves worth 800 million tonnes at Soalala in Madagascar. Wuhan has also purchased controlling stakes in the Bong Iron Ore company based in Liberia. Bong has proven reserves of over 1.3 billion tonnes.
Source: Times of India / Hellenic Shipping
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Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Saturday, 09 October 10
SAIL SEEKS LONG-TERM COKING COAL SUPPLY FROM GLOBAL COMPANIES - BUSINESS STANDARD
State-owned Steel Authority of India (SAIL) Friday invited bids from global companies for long-term supply of coking coal to feed its expanding stee ...
Friday, 08 October 10
INVESTORS STILL RELUCTANT TO ENTER DOWNSTREAM INDUSTRIES - THE JAKARTA POST
The Jakarta Post reported that, mining companies are showing a low level of enthusiasm to enter the downstream industries, as required by the 2009 M ...
Friday, 08 October 10
VESSEL OWNERS ARE RELUCTANT FOR INDONESIA TO INDIA COAL TRIPS - FEARNBULK
Handy
Last week ended with a flourish of activity as the Chinese tried to fix any prompt vessels before the Golden week festivities, and since the ...
Thursday, 07 October 10
MIRACH ENERGY GAINS RIGHTS TO EAST KALIMANTAN COAL MINE - THE EDGE SINGAPORE
The Edge Singapore reported that, Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the ca ...
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- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Australian Coal Association
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- The University of Queensland
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- PTC India Limited - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
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