We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 18 September 09
COKING COAL SUPPLY TO FALL 3 MILLION TONS IN CHINA ON SHUTDOWN
 Bloomberg reported that, Coking coal supply in China, the largest consumer, may fall by 3 million metric tons a month after a mine accident this month prompted the government to close unregulated pits, Everbright Securities Co. said.
The supply cut, equal to 5 percent of the country’s monthly consumption, may raise Chinese prices by 8.2 percent, or 100 yuan a ton, analyst Jiang Jianjun said by phone from Shanghai. Coking coal is used to make steel.
The Sept. 8 gas explosion at the Pingdingshan coal mine forced the Chinese government to halt production at all the city’s 157 mines, cutting coal output in the Henan province by as much as 17 percent, the official Xinhua News Agency said then. The closure may benefit larger listed coal producers, Jiang said.
“Mine closures in Pingdingshan may last two months and also spur a nationwide campaign to shut small pits,” he said. The city may reduce coking coal supply by 700,000 tons a month, he said.
Shanxi Xishan Coal & Electricity Power Co., the nation’s biggest listed coking coal producer, fell 1.2 percent to 35.24 yuan at 2 p.m. in Shanghai trading. The stock has gained 15 percent since the explosion. Pingdingshan Tianan Coal Mining Co., up 7.3 percent since the accident, dropped 2.3 percent.
China, the world’s largest steelmaker, would be demanding more high quality hard coking coal in the future as it expands mills, BHP Billiton Ltd. said today in a slide presentation. The Asian nation this year “emerged” to fill a demand gap for coking coal, the world’s largest mining company said.
Higher Prices
The mine accident killed at least 54 people. Coal mines killed 3,770 workers in China in 2007, making them the world’s deadliest. China produced 705.1 million tons of coking coal last year, according to Beijing Antaike Information Development Co.
Small mines contribute to a “big portion” of China’s coking coal production, Everbright’s Jiang said. In Shanxi, the nation’s biggest coal-making province, medium-to-small mines account for 60 percent of the output, he said.
China boosted steel production 22 percent to a record 52.3 million tons in August, the fourth straight monthly gain, as the government’s $586 billion stimulus spending spurred domestic demand from automakers and builders.
Coking coal prices have risen 6.1 percent since May to 1,220 yuan a ton in Pingdingshan, according to industry researcher Steelhome.
Prices of imports bought by Jiangsu Shagang Group Co., China’s fifth-largest steelmaker, were 1,500 yuan a ton in August, Jiang said, without giving comparisons. The imported coal is of better quality than the average output from Pingdingshan, he said.
Source: Bloomberg
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
|
|
|
Showing 6426 to 6430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Sical Logistics Limited - India
- Minerals Council of Australia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
|
| |
| |
|
