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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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Sunday, 05 September 10
HARUM ENERGY EYES 7.4 MILION TONS OF COAL OUTPUT IN 2010
Indonesia's coal miner PT Harum Energy Tbk, controlled by Indonesian tycoon Kiki Barki, is eyeing 7.4 million tons of coal production in 2010, a 27 ...
Sunday, 05 September 10
THE FREIGHT MARKET WAS BIT VOLATILE WITH NO CLEAR INDICATION OF THE MARKET - CAPT REDDY
COALsopot.com: The freight market was bit volatile with no clear indication of the market.
However the BDI continued the upward trend mainly due ...
Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid ...
Friday, 03 September 10
BANPU CUTS INDONESIAN HOLDING BUT ITM REMAINS KEY STRATEGIC UNIT - BANGKOK POST
"SET-listed Banpu Plc, Asean's largest coal miner, yesterday announced the sale of an 8.72% stake in its listed coalmining holding company in ...
Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
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Showing 5626 to 5630 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- The University of Queensland
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
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