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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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Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
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- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- The University of Queensland
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
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