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Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
 Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previous record of 9.16 million tonnes set in April, which analysts said was caused by a shutdown of small mines in China as well as thin demand on the international market, coupled with the failure of Chinese power firms to agree on a coal supply deal with domestic miners.
The huge level of shipments, more than twice the 4.16 million tonnes imported in May last year, brings China's coal imports in the first five months of 2009 to 32.2 million tonnes, 73% ahead of imports in the same months of 2008.
The surge in imports in April and May, a leap from previous monthly volumes ranging between 3 million and 6 million tonnes, comes despite a rebound in the cost of freight and a pick-up in coal prices.
Chinese coal remains relatively uncompetitive on the world market, with data released earlier this month showing exports of 1.19 million tonnes in May, the lowest monthly volume in more than 11 years. That puts net imports at 8.24 million tonnes in the month, compared to net exports of 4.6 million tonnes in the whole of last year, turning China from a small seller to a major buyer on the world market.
China meets the vast majority of its coal needs from its own mines, which produce roughly three times as much as is traded on the world seaborne market. But it also buys coal from Australia, Indonesia, Vietnam and Mongolia, and the circle of suppliers widened at the start of this year as shipping costs and global demand slumped.
The Customs data did not give any breakdown of the imports or exports. In the first four months of the year, the coal type showing the biggest increase in imports was coking coal, used by China's huge steel sector, which has continued producing at 2008 levels while most other steel firms have halved output. But most of China's imports are coal grades suitable for power generation, with coking coal making up less than a third of the total.
Source: Steel Guru (http://steelguru.com/news/index/2009/06/22/OTkzOTI%3D/Chinese_May_coal_imports_hit_record_9.43_million_tonnes.html)
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Thursday, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
Thursday, 16 July 09
JAPAN'S J - POWER STARTS OPS AT NEW 600 MW COAL UNIT
Reuters, a worlds leading news agency reported that, Electric Power Development Co (J-Power) said on Thursday it started commercial operations at it ...
Thursday, 16 July 09
DELIVERY OF COAL MINE EXPLORATION THROUGH NEWCASTLE PORT ROSE 11 PERCENT
July 16th, 2009 Newcastle is a port in Australia that provides services in the delivery of coal from Australia to other countries. Newcastle port ha ...
Thursday, 16 July 09
CIL KEEN ON JOINT VENTURES
* Targets to raise production by 10 m tonnes by 2012
* Plans to tap reserves of abandoned mines
The Hindu, an Indian news paper reported that, t ...
Wednesday, 15 July 09
COAL INDIA INVITES EOI FOR COAL MINING IN FOREIGN COUNTRIES
Economict Tmes reported that, Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic ...
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- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
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- McConnell Dowell - Australia
- New Zealand Coal & Carbon
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- Orica Australia Pty. Ltd.
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- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
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- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
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- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
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- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
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- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
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- Indonesian Coal Mining Association
- Planning Commission, India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
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- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
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- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
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- PTC India Limited - India
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
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- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Minerals Council of Australia
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- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Parliament of New Zealand
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- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- VISA Power Limited - India
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- Chettinad Cement Corporation Ltd - India
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- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
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