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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL


COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal through a tender, according to a tender document released by company. 

The imported coal must be of South African or Chinese origin with GCV 6300 Kcal/Kg Minimum, Total Moisture 12% Maximum (ARB), Ash Content 15% Maximum (ADB), Volatile Matter 18-30% (ADB) and Total Sulphur 1% Maximum(ADB).

However, if the ash content in the coal supplied exceeds 15 percent, MCL has the discretion to accept the coal with maximum ash content upto 18% on levying penalty on prorata basis for increase in ash content over and above 15%. MCL will impose a penalty of INR 300/- (approximately US$ 6.61) per MT for every 1% increase in Ash content above 15% upto 18% on Pro-rata basis, according to tender document.

Deliveries of 7,000 to 7,500 tons (per month) coal should start in October 2011 and be completed by April 2012, according to tender document.

The due date for submission of the Tender is 02.09.2011 by 2.00 PM IST. Suppliers must keep the validity of the offer until 02.12.2011.



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Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...


Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal  in July 2011, up by 10.69 percent compared to June's export of about  28.27 ...


Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...


Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...


Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...


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