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.
|
|
Thursday, 29 July 10
BALTIC INDEXES ARE POSITIVE SINCE A FEW DAYS
Handy
Baltic indexes are positive since a few days which could mean that markets have bottomed out (as we correctly predicted in our report of las ...
Wednesday, 28 July 10
INDONESIA'S MERUKH SECURES US$200 MLN INVESTMENT FROM SAN MIGUEL
Trading Market Reported that, Indonesian mining company Merukh Enterprises said it has secured an investment commitment of US$200 million from the P ...
Wednesday, 28 July 10
RIZAL RISJAD MAY OWN 10% BERAU ENERGY
Rizal Risjad, son of Indonesian tycoon Ibrahim Risjad, might own 10% stakes in PT Berau Coal Energy Tbk (BRAU), parent company of Indonesia's fifth ...
Wednesday, 28 July 10
UNUSUAL RAINS TO HIT COAL EXPORTS
COALspot.com: Heavy rains in South and East Kalimantan have compelled coal exporters to delay or cancel coal exports. PT Bayan and PT. TIA hav ...
Tuesday, 27 July 10
INDIA HAS IMPORTED 1.5 MILLION TONS OF COAL LAST WEEK
COALspot.com: Coal imports in Indian ports have reached over 1.5 million tons for the week ended 25 July 2010. According to port agents, aroun ...
|
|
|
Showing 5691 to 5695 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
|
| |
| |
|
