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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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Friday, 04 February 11
PERTAMINA DENIES KAREN AGUSTIAWAN RESIGNS FROM PERTAMINA
COALspot.com - The President Director of PT Pertamina, Karen Agustiawan reportedly will replace Darwin Saleh as Minister of Energy and Mineral Resou ...
Friday, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...
Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...
Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...
Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...
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- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Planning Commission, India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
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