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Monday, 23 March 09
BMA TAKES 60 PCT CUT IN JAPAN COKING COAL PRICE-CITI - REUTERS
BHP Billiton Mitsubishi Alliance (BMA), the world's top coking coal exporter, has agreed to accept a discount of around 60 percent for the steel-making raw material from Japan's Nippon Steel, analysts said.
The deal signals a potential deep price cut in the other steelmaking ingredient -- iron ore -- and helped boost shares of steelmakers, as many firms struggling with falling demand and squeezed margins would be able to slash production costs.
BMA has agreed on a price of between $115 and $125 a tonne for fiscal year 2009/10, a reduction of between 58 and 62 percent from the previous year's $300 a tonne, Citigroup said in a research report.
The price deal, the first between the Australian miner and a key Japanese steelmaking customer, could set a benchmark for other negotiations for contracts for 2009/2010 starting April 1. To read more click Reuters
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Friday, 27 February 09
WIKA TO ACQUIRE MINING COMPANY
The Jakarta Post reported that, Public listed state construction firm PT Wijaya Karya (Wika) is to acquire a mining contracting firm in the first se ...
Friday, 27 February 09
COASTAL ENERGEN INKS PACT WITH CHINESE FIRM FOR POWER EQUIPMENT
My Digital Fc reported that, Dubai-based Coal and Oil Group, which is setting up a 1,200MW thermal power plant in Tamil Nadu, has tied-up with China ...
Thursday, 26 February 09
GMR INFRA COMPLETES INDONESIAN BUY
Blonnet reported that, GMR Infrastructure Ltd today confirmed the acquisition of an Indonesian coal mining company for a consideration of $80 millio ...
Wednesday, 25 February 09
INDONESIAN GOVERNMENT TO REGULATE MINIMUM COAL SELLING PRICES
The Jakarta Post reported that, To complement the recent enactment of the new mining law, the government is preparing to introduce a coal pricing in ...
Thursday, 19 February 09
GEOTHERMAL ENERGY DOMINATES 10.000 MW POWER PROJECT - ESDM
The role of coal as a source of energy is superseded by geothermal energy to power the second phase of the 10.000 megawatt (MW) power plant project. ...
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- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
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