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

Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight  With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...


Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...


Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...


Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...


Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...


   1144 1145 1146 1147 1148   
Showing 5726 to 5730 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 ...

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