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, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...


Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...


Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
  Souce: Insider Stories Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...


Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
  Source: Insider Stories   Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...


Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...


   1141 1142 1143 1144 1145   
Showing 5711 to 5715 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 ...

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