We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
 * Shanduka Coal takes SACMH 500,000T export space
* RBCT must approve any change of ownership
Reuters reported that, South Africa's Shanduka Coal has bought 500,000 tonnes of export capacity at Richards Bay Coal Terminal from South African Coal Mining Holdings Ltd (SACMH), a source close to the deal said.
The source would not disclose the price for the deal but trading companies and miners who have sought to buy export allocations during the past several months have been quoted prices of $20.00 per tonne.
"If you take a view that in the medium to long-term export prices for South African coal are going to go up, it makes sense to buy allocation," the source said.
SACHM was not available for comment.
Under the RBCT rules the sale of allocation must get approval from the RBCT board, made up of representatives of its shareholders among the major mining houses.
Even if an agreement to sell allocation has been made, RBCT shareholders must agree unanimously to permit it at the next board meeting before a final transfer of ownership can take place, industry sources said.
SACMH has been trying to sell its coal mines, export allocation and rail sidings since April, industry sources said.
SACMH's export allocation at RBCT was by far the most attractive of its assets for sale, said sources at companies which looked closely at the miner.
SACHM stopped mining on April 1 and since then the company has been undergoing a restructuring and search for a new equity partner.
Shanduka Coal, a joint venture between Swiss-based traders Glencore and Shanduka Resources, produces 9 million tonnes a year of thermal coal, the majority of which is exported.
Through its subsidiaries it owns 100 percent of the Graspan, Townlands, Bankfontein, Leeuwfontein and Lakeside mines near Middelburg and Kendal
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
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 ...
|
|
|
Showing 6351 to 6355 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Planning Commission, India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
|
| |
| |
|
