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

Tuesday, 06 July 10
KEPCO, POSCO BUY AUSTRALIAN COAL MINES - CHOSUN
Chosun reported that, Electricity monopoly KEPCO and steelmaker POSCO have both bought coal mines in Australia. KEPCO signed a 400 million Austra ...


Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...


Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...


Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...


Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...


   1147 1148 1149 1150 1151   
Showing 5741 to 5745 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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