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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, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...
Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...
Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...
Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...
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- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- The University of Queensland
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
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