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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, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
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- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
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