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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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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Planning Commission, India
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- PTC India Limited - India
- Australian Coal Association
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
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