COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...


Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...


Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
  Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...


Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...


Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...


   1126 1127 1128 1129 1130   
Showing 5636 to 5640 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Barclays Capital - USA
  • Alfred C Toepfer International GmbH - Germany
  • GVK Power & Infra Limited - India
  • Mitra SK Pvt Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Parliament of New Zealand
  • Japan Coal Energy Center
  • Cemex - Philippines
  • Karaikal Port Pvt Ltd - India
  • Qatrana Cement - Jordan
  • Thriveni
  • Coastal Gujarat Power Limited - India
  • CESC Limited - India
  • Altura Mining Limited, Indonesia
  • Gresik Semen - Indonesia
  • Arutmin Indonesia
  • Noble Europe Ltd - UK
  • Sakthi Sugars Limited - India
  • Mercuria Energy - Indonesia
  • NALCO India
  • Aboitiz Power Corporation - Philippines
  • Kobexindo Tractors - Indoneisa
  • Deloitte Consulting - India
  • KOWEPO - South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Shenhua Group - China
  • Tata Chemicals Ltd - India
  • Cargill India Pvt Ltd
  • Jaiprakash Power Ventures ltd
  • Meralco Power Generation, Philippines
  • Essar Steel Hazira Ltd - India
  • Therma Luzon, Inc, Philippines
  • Inco-Indonesia
  • Port Waratah Coal Services - Australia
  • Price Waterhouse Coopers - Russia
  • Electricity Generating Authority of Thailand
  • SMC Global Power, Philippines
  • Borneo Indobara - Indonesia
  • Vitol - Bahrain
  • Leighton Contractors Pty Ltd - Australia
  • Xindia Steels Limited - India
  • Manunggal Multi Energi - Indonesia
  • Bhatia International Limited - India
  • J M Baxi & Co - India
  • Ceylon Electricity Board - Sri Lanka
  • Ministry of Finance - Indonesia
  • India Bulls Power Limited - India
  • Maersk Broker
  • Commonwealth Bank - Australia
  • Geoservices-GeoAssay Lab
  • Mintek Dendrill Indonesia
  • Economic Council, Georgia
  • Carbofer General Trading SA - India
  • APGENCO India
  • Indogreen Group - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Jorong Barutama Greston.PT - Indonesia
  • Argus Media - Singapore
  • Maruti Cements - India
  • Indo Tambangraya Megah - Indonesia
  • SASOL - South Africa
  • Samtan Co., Ltd - South Korea
  • Credit Suisse - India
  • Shree Cement - India
  • Gujarat Electricity Regulatory Commission - India
  • Britmindo - Indonesia
  • Bhushan Steel Limited - India
  • Madhucon Powers Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Deutsche Bank - India
  • GN Power Mariveles Coal Plant, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Asia Cement - Taiwan
  • Global Business Power Corporation, Philippines
  • Wood Mackenzie - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Cement Manufacturers Association - India
  • Interocean Group of Companies - India
  • Intertek Mineral Services - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Central Electricity Authority - India
  • Ernst & Young Pvt. Ltd.
  • PTC India Limited - India
  • Tamil Nadu electricity Board
  • Sojitz Corporation - Japan
  • SMG Consultants - Indonesia
  • Attock Cement Pakistan Limited
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Lafarge - France
  • Coeclerici Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • World Bank
  • Fearnleys - India
  • Mitsubishi Corporation
  • Kohat Cement Company Ltd. - Pakistan
  • Maharashtra Electricity Regulatory Commission - India
  • Marubeni Corporation - India
  • CNBM International Corporation - China
  • GMR Energy Limited - India
  • Kideco Jaya Agung - Indonesia
  • Tata Power - India
  • GNFC Limited - India
  • Mjunction Services Limited - India
  • Binh Thuan Hamico - Vietnam
  • Simpson Spence & Young - Indonesia
  • PLN Batubara - Indonesia
  • New Zealand Coal & Carbon
  • Holcim Trading Pte Ltd - Singapore
  • ANZ Bank - Australia
  • Sindya Power Generating Company Private Ltd
  • BNP Paribas - Singapore
  • SGS (Thailand) Limited
  • The State Trading Corporation of India Ltd
  • Ministry of Transport, Egypt
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Grasim Industreis Ltd - India
  • NTPC Limited - India
  • Uttam Galva Steels Limited - India
  • SUEK AG - Indonesia
  • Coaltrans Conferences
  • Thiess Contractors Indonesia
  • Africa Commodities Group - South Africa
  • Kalimantan Lumbung Energi - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Globalindo Alam Lestari - Indonesia
  • Permata Bank - Indonesia
  • World Coal - UK
  • Metalloyd Limited - United Kingdom
  • CCIC - Indonesia
  • Freeport Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Bharathi Cement Corporation - India
  • Renaissance Capital - South Africa
  • Romanian Commodities Exchange
  • Ambuja Cements Ltd - India
  • Barasentosa Lestari - Indonesia
  • ASAPP Information Group - India
  • McConnell Dowell - Australia
  • The University of Queensland
  • IEA Clean Coal Centre - UK
  • Bayan Resources Tbk. - Indonesia
  • Peabody Energy - USA
  • IMC Shipping - Singapore
  • KEPCO - South Korea
  • Russian Coal LLC
  • Planning Commission, India
  • Australian Coal Association
  • The India Cements Ltd
  • GB Group - China
  • TeaM Sual Corporation - Philippines
  • ETA - Dubai
  • Indonesian Coal Mining Association
  • Minerals Council of Australia
  • Enel Italy
  • Standard Chartered Bank - UAE
  • Meenaskhi Energy Private Limited - India
  • Lanco Infratech Ltd - India
  • Parry Sugars Refinery, India
  • UBS Singapore
  • Indonesia Power. PT
  • Indian Energy Exchange, India
  • Rio Tinto Coal - Australia
  • Xstrata Coal
  • Coal and Oil Company - UAE
  • Heidelberg Cement - Germany
  • Medco Energi Mining Internasional
  • GAC Shipping (India) Pvt Ltd
  • EMO - The Netherlands
  • Bhoruka Overseas - Indonesia
  • CIMB Investment Bank - Malaysia
  • Pinang Coal Indonesia
  • Trasteel International SA, Italy
  • CoalTek, United States
  • Banpu Public Company Limited - Thailand
  • Makarim & Taira - Indonesia
  • White Energy Company Limited
  • Riau Bara Harum - Indonesia
  • ING Bank NV - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • JPMorgan - India
  • Cigading International Bulk Terminal - Indonesia
  • MEC Coal - Indonesia
  • Dalmia Cement Bharat India
  • Petrochimia International Co. Ltd.- Taiwan
  • Toyota Tsusho Corporation, Japan
  • Mitsui
  • Bulk Trading Sa - Switzerland
  • Global Green Power PLC Corporation, Philippines
  • Asian Development Bank
  • IOL Indonesia
  • South Luzon Thermal Energy Corporation
  • Merrill Lynch Commodities Europe
  • OCBC - Singapore
  • Thermax Limited - India
  • SRK Consulting
  • Billiton Holdings Pty Ltd - Australia
  • Iligan Light & Power Inc, Philippines
  • HSBC - Hong Kong
  • Jatenergy - Australia
  • JPower - Japan
  • LBH Netherlands Bv - Netherlands
  • Vijayanagar Sugar Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Larsen & Toubro Limited - India
  • Bukit Makmur.PT - Indonesia
  • Orica Australia Pty. Ltd.
  • Siam City Cement PLC, Thailand
  • Vizag Seaport Private Limited - India
  • Cardiff University - UK
  • Miang Besar Coal Terminal - Indonesia
  • PetroVietnam
  • Videocon Industries ltd - India
  • Bank of China, Malaysia
  • PetroVietnam Power Coal Import and Supply Company
  • Star Paper Mills Limited - India
  • KPCL - India
  • Surastha Cement
  • Anglo American - United Kingdom
  • Petrosea - Indonesia
  • Aditya Birla Group - India
  • Singapore Mercantile Exchange
  • Coal India Limited
  • BRS Brokers - Singapore
  • Electricity Authority, New Zealand
  • WorleyParsons
  • Runge Indonesia
  • Goldman Sachs - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Energy Link Ltd, New Zealand
  • Eastern Coal Council - USA
  • Glencore India Pvt. Ltd
  • Ind-Barath Power Infra Limited - India
  • Energy Development Corp, Philippines
  • Indorama - Singapore
  • Tanito Harum - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Georgia Ports Authority, United States
  • UOB Asia (HK) Ltd
  • bp singapore
  • Panama Canal Authority
  • Adani Power Ltd - India
  • Edison Trading Spa - Italy
  • Jindal Steel & Power Ltd - India
  • Malabar Cements Ltd - India
  • U S Energy Resources
  • ACC Limited - India
  • Sucofindo - Indonesia
  • Ince & co LLP
  • GHCL Limited - India
  • Maybank - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Wilmar Investment Holdings
  • Coalindo Energy - Indonesia
  • Platts
  • Straits Asia Resources Limited - Singapore
  • Chamber of Mines of South Africa
  • Infraline Energy - India
  • Mechel - Russia
  • Indian School of Mines
  • Antam Resourcindo - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Eastern Energy - Thailand
  • Chettinad Cement Corporation Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Vedanta Resources Plc - India
  • Latin American Coal - Colombia
  • San Jose City I Power Corp, Philippines
  • ICICI Bank Limited - India
  • DBS Bank - Singapore
  • Kaltim Prima Coal - Indonesia
  • PowerSource Philippines DevCo
  • Indika Energy - Indonesia
  • Savvy Resources Ltd - HongKong
  • Salva Resources Pvt Ltd - India
  • TANGEDCO India
  • Gujarat Mineral Development Corp Ltd - India
  • Oldendorff Carriers - Singapore
  • Sical Logistics Limited - India
  • Merrill Lynch Bank
  • Timah Investasi Mineral - Indoneisa
  • Total Coal South Africa
  • Formosa Plastics Group - Taiwan
  • Coal Orbis AG
  • PNOC Exploration Corporation - Philippines
  • Reliance Power - India
  • Central Java Power - Indonesia
  • Rudhra Energy - India
  • Thomson Reuters GRC
  • Platou - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Independent Power Producers Association of India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • European Bulk Services B.V. - Netherlands
  • Arch Coal - USA
  • Kobe Steel Ltd - Japan
  • Malco - India
  • MS Steel International - UAE
  • TNB Fuel Sdn Bhd - Malaysia
  • International Coal Ventures Pvt Ltd - India
  • Bangkok Bank PCL
  • Gujarat Sidhee Cement - India
  • Ministry of Mines - Canada
  • globalCOAL - UK
  • Bangladesh Power Developement Board
  • Cebu Energy, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Siam City Cement - Thailand
  • TNPL - India
  • Thai Mozambique Logistica
  • Kumho Petrochemical, South Korea
  • Indian Oil Corporation Limited
  • TRAFIGURA, South Korea
  • Pendopo Energi Batubara - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • The Treasury - Australian Government
  • AsiaOL BioFuels Corp., Philippines
  • Samsung - South Korea
  • Moodys - Singapore
  • VISA Power Limited - India
  • KPMG - USA
  • Kepco SPC Power Corporation, Philippines
  • Agrawal Coal Company - India
  • Semirara Mining Corp, Philippines
  • IBC Asia (S) Pte Ltd
  • Bank of America
  • London Commodity Brokers - England
  • Petron Corporation, Philippines
  • Gupta Coal India Ltd
  • McKinsey & Co - India
  • Cosco
  • Thailand Anthracite
  • Mercator Lines Limited - India
  • TGV SRAAC LIMITED, India
  • Humpuss - Indonesia
  • Baramulti Group, Indonesia
  • Berau Coal - Indonesia
  • Vale Mozambique
  • Adaro Indonesia
  • Orica Mining Services - Indonesia
  • EIA - United States
  • RBS Sempra - UK
  • Australian Commodity Traders Exchange
  • Power Finance Corporation Ltd., India
  • Global Coal Blending Company Limited - Australia
  • Clarksons - UK
  • Posco Energy - South Korea
  • Inspectorate - India
  • PLN - Indonesia
  • Idemitsu - Japan
  • Maheswari Brothers Coal Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Core Mineral Indonesia