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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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Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
...
Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
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- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- The University of Queensland
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- White Energy Company Limited
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
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