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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, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of S ...
Saturday, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over ...
Friday, 19 November 10
WE'LL THINK ABOUT COAL TOMORROW - ANALYSIS
The future of coal generation in Russia is in question. The largest energy companies have abandoned their initial plans to switch their therma ...
Friday, 19 November 10
DRY BULK MARKET ON THE ROPES WITH BDI PLUNGING TO 2,164 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the panamax markets suffering the most this week, but a ray of hope for the capesize market, which appears to be stabilizing after days of fall ...
Thursday, 18 November 10
WORLD COAL ASSOCIATION WELCOMES NEW CHAIRMAN & SHENHUA GROUP AS NEW MEMBER 17 NOVEMBER 2010
Press Release – The premier global coal industry association marks its 25th anniversary with a new Chairman and welcomes China’s lar ...
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Showing 5521 to 5525 news of total 6871 |
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- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
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