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Saturday, 26 June 10
MONGOLIA COAL RAILWAY TO LINK WITH RUSSIA - BUSINESS WEEK
 Business Week reported that, Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the south, the latest move in the long-delayed project that will help make the poor but mineral-rich nation less dependent on exporting to China.
The landlocked country of 2.7 million people is trying to retain more of its natural wealth from its huge mineral deposits, including copper, gold and coal. Plans to expand output and open new mines have stalled as the government struggles to re-negotiate terms on mining concessions with big foreign companies.
The huge Tavan Tolgoi coking coal deposit in the south Gobi region, estimated to have more than 6 billion tons of coal, has attracted interest from 10 international mining companies including China's Shenhua Energy, a Russian consortium led by Gazprom, and Australia's BHP Billiton.
Lawmakers on Thursday voted nearly unanimously in favor of building the line and making it broad gauge, refering to the distance between the rails, so it could link up with Russia's rail network. There were concerns that if the rail were standard gauge like China's rail system, too much of the commodity would end up flowing to coal-hungry China at bargain prices. China currently takes about two thirds of Mongolia's exports.
The deposits are located only about 200 kilometers (124 miles) from the Chinese border but Transportation Minister Battulga Khaltmaa said Mongolia would rather sell processed coal to Japan and South Korea. "The policy will greatly boost the economic development of Mongolia. Instead of shipping raw materials directly to one market, jobs and value-added production will be created in Mongolia," he said.
The 1,100 kilometer (683.54 mile) railway will connect Tavan Tolgoi to the Russian border, the minister said. The country will invite international bidding for the railway's construction, which is expected to be completed in two years.
Tavan Tolgoi was discovered in the 1950s, when Mongolia was a Soviet satellite. The country made a peaceful transition to democracy in the early 1990s.
Mining giant BHP Billiton earlier held rights to the project but judged the deposit too expensive to develop.
Source: Businessweek ( By Ganbat Namjilsanfatav)
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Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
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- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Minerals Council of Australia
- ASAPP Information Group - India
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Parliament of New Zealand
- PTC India Limited - India
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Videocon Industries ltd - India
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