We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
 BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it emerge as a top-three player in the coal market Global coal managing director Decio Amaral, sent to Australia in January to drive the aggressive growth plans, is optimistic the world's second largest miner can cement a firm position in the coal sector, using Australia as the place to implement the strategy.
"We are happy with our iron ore assets and we are working hard to develop the coal projects to be in the same position," he said. "In terms of the seaborne coal market, I see Vale becoming the third major player."
Coal represents about 2 per cent of Vale's total revenue but the mining major is pouring 7 per cent of its $12 billion capital expenditure plans into its emerging coal portfolio.
"We see a bright future for coal," Mr Amaral said.
He said Australia would be the centre for expanding its coal division, which includes interests in Colombia and Mozambique.
"Vale has a lot of knowledge in iron ore, but not as much in coal. So Australia is important, not just because of the opportunities and growth you have here, but because of the knowledge you have here," he said.
The heated political debate and renewed fight between the smaller miners and the Labor Party over its mining-tax policy has not deterred Vale from its Australian coal plans, despite the projects falling under the scope of the proposal.
"When I look at our coal business, I look at portfolio management and we have three different geographies to look at. So in terms of portfolio it does not affect us," Mr Amaral said.
He said the new tax deal, designed by BHP Billiton, Rio Tinto and Xstrata with Julia Gillard after she ousted Kevin Rudd from the top job, was an improvement on the original super-profits tax.
"It's not that I'm happy about tax but our portfolio is strong enough to cope with it," he said.
"The first version was really bad and the second one is one you can live with if you have a good project."
Australia's coal sector has been the centre of corporate activity, with deals signed and new ones mooted, as the outlook for the steel feed continues to be extremely positive.
But don't expect Vale's name to appear as the suitor of NSW miner Whitehaven Coal -- in play and said to the target of numerous predators -- or at the centre of any consolidation in the local industry.
Mr Amaral's plans are bigger than what's on offer and he sees organic growth as the main focus for the Brazilian giant.
"We are much more focused on organic growth and are investing $32 million on coal exploration in Australia, which is the most cost-effective way to develop the group," he said.
"There has been some consolidation in Australia but for the size of the projects that we like, the premium that you have to pay compared with the potential we have in our own portfolio does not justify it."
Source: The Australian / Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...
Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...
Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 ...
|
|
|
Showing 5401 to 5405 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
|
| |
| |
|
