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Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
 Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided to set up a wholly-owned subsidiary in that country to expedite the exploration process.
“CIL will form a separate company for carrying out coal mining activities in Mozambique. This company will be a fully-owned subsidiary of CIL and will forge a joint venture (JV) with a state run mining firm in Mozambique,” a top CIL official told Business Standard.
The CIL subsidiary will have an 85 per cent stake in the JV, while the remaining 15 per cent will be held by the Mozambique-based mining company. The modalities of the JV company were yet to be decided, but a breakthrough was expected during the upcoming visit of a high-level Indian delegation to Mozambique. The delegation, which includes the Union coal ministry officials as well as the top brass of CIL, is expected to take up the issue of the proposed JV company to start exploration of the coal blocks.
In March this year, CIL was awarded two exploratory coal blocks — A1 and A2 — in Tete province of Mozambique, having an estimated reserve of one billion tonnes. While the exploration of these two coal blocks, spread over 224 sq km, was set to commence within a few months, the mining activities were expected to begin after three and a half years.
Prior to carrying out mining operations in Mozambique, the Navratna coal company was to distribute artificial limbs in that war-ravaged nation. CIL has also announced the setting up of a premier mining institute in Mozambique, on the lines of the Indian School of Mines, Dhanbad.
Apart from Mozambique, CIL had also stepped up its efforts to acquire stakes in coking and thermal coal assets in Australia. CIL has called for Expressions of Interest (EoIs) from mining firms in Australia in this connection by the end of August. The coal major was keen on entering into a strategic partnership with Australian mining firms having proven expertise in mining for developing the coal assets.
Source: Business Standard
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Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- MS Steel International - UAE
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Parliament of New Zealand
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- PTC India Limited - India
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
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