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Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's urgent energy needs, and he's been visiting coal mines in the eastern states of New South Wales and Queensland.
Presenter: Brendan Trembath
Speakers:
Sriprakash Jaiswal, India's Minister of State for Coal;
Arun Kumar Jagatramka, Chairman of Gujarat NRE Australia;
Aditya Jhun Jhunwala; Indian executive
BRENDAN TREMBATH: Coal is such as important commodity in India the nation has a minister for coal. His name is Sriprakash Jaiswal and he's in Australia this week.
SRIPRAKASH JAISWAL: It's my duty to visit all the countries where coal is available and Australia is one of those countries where coal is available and superior quality coal is available.
BRENDAN TREMBATH: India's Minister of State for Coal has been to see mines in the New South Wales Hunter Valley and in the Emerald region of Queensland.
He was underground again last night attending a cocktail party in his honour in the basement of a Sydney hotel.
Sriprakash Jaiswal says India is looking to secure more coal because more than half the nation's electricity comes from coal fired plants.
SRIPRAKASH JAISWAL: So we are in search of some foreign coal.
BRENDAN TREMBATH: India is coming in after the Chinese. Australia has a long standing relationship with the Chinese. Is that a disadvantage for you at all?
SRIPRAKASH JAISWAL: That doesn't make any difference. Our relationship, India and Australia relationship are very strong and very old.
BRENDAN TREMBATH: The cocktail party for the minister was hosted by an Indian mining executive whose company's first investment in Australia was an old mine just outside Wollongong. The renewed mine produces coking coal which is used to heat blast furnaces to make steel.
Arun Kumar Jagatramka says there's strong demand for both coking coal and the coal used to make electricity.
ARUN KUMAR JAGATRAMKA: They're growing at a very fast rate and India does not have enough resources to feed that demand. And from that perspective Australia has all the resources and Indian industries and Indian companies do need to take a long term view, do need to invest in resources and infrastructure and develop the infrastructure in Australia to be able to meet the longer term demand that is coming in India.
BRENDAN TREMBATH: Australia has a long term relationship with China, exporting coal to China, does it come as a disadvantage to come in second in this market?
ARUN KUMAR JAGATRAMKA: I don't think so. It is like China has already lubricated and prepared the venue for us. We only have to land.
Source: Radio Australia
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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
...
Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
...
Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- MS Steel International - UAE
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
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