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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, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Indika Energy - Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Marubeni Corporation - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
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