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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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Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
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Showing 5426 to 5430 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
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