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Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
 All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and the first coal exports from the Moatize basin should occur in the first half of 2011, according to the Deputy Minister of Mineral Resources, Abdul Razak Noormahomed.
Speaking at an international conference on coal, held in Maputo on Tuesday, Razak said Mozambique is preparing to become a major player in the international coal market over the medium term. Exploration undertaken so far indicates that Mozambique possesses at least 23 billion tonnes of coal reserves.
Two companies have formal coal concessions in Moatize district, and are expected to start exports in early 2011. They are Vale of Brazil and Riversdale of Australia. But many other companies are exploring the Tete coal deposits, though they have not yet been granted mining concessions. In all, 105 licences for exploration have been issued.
Razak thought that, when they reach peak production, the Vale and Riversdale mines will be producing 46 million tonnes of coal a year. But within three to six years another three companies will probably also be mining in Tete.
This raises enormous logistical questions, since the Sena railway line from Moatize to the port of Beira does not have anywhere near the capacity to move such large quantities of coal.
Vale therefore plans to build a new railway from Moatize, across southern Malawi, to link up with the northern Mozambican rail line to the port of Nacala, which is ideal for mineral exports since it does not require dredging and can accommodate ships of any size.
A further option is to send the coal on barges down the Zambezi. The Mozambican Coal Development Association (AMDC) insists that the Zambezi must be made navigable for coal barges by 2012. It calculates the investment needed for this at 149 million euros (about 203 million US dollars).
Speaking to reporters at the conference, AMDC chairperson Francisco Casimiro warned "Within three years we shall exhaust the capacity of Beira port, so we need other, complementary solutions. As soon as the environmental impact study is complete, we must take the decision on whether or not to ensure the navigability of the Zambezi".
Casimiro added that barges on the Zambezi were not in competition with Vale's planned new railway. All the logistical solutions "are complementary. They each enter at their own time, while production continues to increase".
Source: All Africa
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Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
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- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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