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, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
|
|
|
Showing 5661 to 5665 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Planning Commission, India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- The Treasury - Australian Government
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
|
| |
| |
|
