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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, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limite ...
Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...
Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM
COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...
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- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Australian Coal Association
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Parliament of New Zealand
- The University of Queensland
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
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