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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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Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
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- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
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- Interocean Group of Companies - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
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- GN Power Mariveles Coal Plant, Philippines
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- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
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- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- GMR Energy Limited - India
- Mercator Lines Limited - India
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- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- The University of Queensland
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Australian Coal Association
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Thai Mozambique Logistica
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
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- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
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- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
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- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
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- Energy Development Corp, Philippines
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- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
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