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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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Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
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- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Planning Commission, India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
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