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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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Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
Korea Western Power Company Limited has finalized around 1.2 million tonnes of Indonesian origin of coal last week. According to K ...
Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy
Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...
Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...
Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...
Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...
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- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
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