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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Thursday, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...
Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that, A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...
Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...
Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...
Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...
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- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- The University of Queensland
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
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