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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, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
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Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
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- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Australian Coal Association
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- The University of Queensland
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
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