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Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
 China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast reserves of 10 billion tons.
China Coal Geology Engineering Corp and Wanbei Coal-Electricity Group Co Ltd, based in East China's Anhui province, inked an agreement for the project. The two companies will carry out a five-year exploration and development in the area in Queensland.
The deal is in line with domestic coal companies' quickening pace in venturing overseas. The timing now is appropriate for them to expand overseas, analysts said.
Chinese companies can enjoy more reasonable prices in making overseas deals, as international coal prices have dropped a lot after the economic recession, said Zhang Yanlin, an analyst with China Investment Consulting Co.
The global coal industry will continue to have a bright future and demand for coal in some emerging markets is rising rapidly, Zhang said.
The volume of China's coal imports more than tripled in 2009 from a year earlier as the country's economic stimulus package boosted demand.
China's coal imports jumped 2.1 times to 130 million tons in 2009 from a year earlier, with the average price at $84 a ton, according to the General Administration of Customs (GAC).
GAC attributed the surge to higher domestic coal prices and a supply shortage caused by the increase in demand after the economic stimulus package came into effect. The move pushed up demand for high-quality coking coal in the steel, cement and chemical industries.
Yanzhou Coal Mining Co, China's third-largest coal producer, is scanning the market for additional coal acquisitions in overseas markets after becoming the new owner of Australia's Felix Resources Ltd, company executives told China Daily earlier.
State-owned Yanzhou is seeking to acquire new "coalmines as well as stakes" in coking or thermal coal companies in Australia.
Yanzhou had completed the legal footwork to take over Felix by the end of last year at a price of about $3 billion, ranking it China's biggest takeover of an Australian firm.
Source:China Daily / People Daily
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Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
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Showing 5426 to 5430 news of total 6871 |
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- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Minerals Council of Australia
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- PTC India Limited - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
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