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Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport minister said the new line will link the coal-rich northern Moatize mines to Nacala port by 2015.
He said funding from the Dutch and Danish government as well as the European Union meant construction could start in two months. The Brazilian firm mining in Moatize says it represents one of the world's last great unexploited coal reserves.
Mozambique's railways, ports and mines are slowly recovering from a brutal civil war that ended in 1992. Three years ago, the 670km (420 mile) long Sena Railway linking Beira port to Moatize was cleared of mines and unexploded ordnance.
But the BBC's Jose Tembe in the capital, Maputo, says the line was never completely refurbished and the silted port of Beira is now unable to handle big vessels.
So Transport Minister Paulo Zucula said the new line will link the existing Sena line to a railway that runs between the deep water port of Nacala and Malawi.
'Unexploited coal reserve'
Its completion, including the refurbishment of the Nacala-Malawi railway, will come at the peak of Moatize mine's coal production, Mr Zucula said. Operations at Moatize, in Tete province, are run by Brazilian mining giant, Vale.
Mr Zucula said some of the new funding would also be used to dredge Beira port.
Our correspondent says the railway is part of Mozambique's plan to become a regional trans-shipment route.
Its three key ports - Maputo, Beira and Nacala - are strategically important to Mozambique's neighbours, especially landlocked Malawi, Zambia and Zimbabwe, as well as parts of South Africa.
The country also wants to serve as an alternative to the highly congested ports of Dar-es-Salaam in Tanzania and Kenya's Mombasa.
Source: BBC
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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
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