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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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Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
Tuesday, 19 April 11
TNPL TO CONDUCT E-AUCTION TO SECURE 160,000 MT OF COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL) a state utility of Tamil Nadu, India to conduct reverse auction on 20 April 2011, betw ...
Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint ...
Tuesday, 19 April 11
KPCL TO OPEN PRICE BID ON 23 APRIL 2011 TO FINALIZE ITS ONE MILLION MT COAL SUPPLIER
COALspot.com - Karnataka Power Corporation (KPCL) a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 ...
Monday, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at ...
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- Ministry of Transport, Egypt
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Planning Commission, India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
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- Antam Resourcindo - Indonesia
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- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
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- Vedanta Resources Plc - India
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- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
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- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
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- Price Waterhouse Coopers - Russia
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- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
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- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
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- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
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