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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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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
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Showing 5516 to 5520 news of total 6871 |
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- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
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