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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, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...
Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
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- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
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