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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, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- The University of Queensland
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
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