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Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term coal production of 20 million tons a year from the country.
The company, through its SouthGobi Energy Resources Ltd. unit, wants to supply 1 percent of China’s coal supply within 10 years, Chairman Robert Friedland said today in an interview in Beijing. China is the world’s biggest coal consumer.
Mongolia may become the “Saudi Arabia of coal,” Friedland said earlier at the China Eurasia Investment Forum.
SouthGobi’s Ovoot Tolgoi mine, located 45 kilometers (28 miles) north of the border with China, has 114.1 million metric tons of coal reserves, according to an October presentation on the company’s Web site. It’s targeting sales of almost 15 million tons by 2015.
Third-quarter coal sales from Ovoot Tolgoi were forecast to rise 17 percent to 450,000 tons, according to the presentation.
Ivanhoe Mines, based in Vancouver, owns 80 percent of SouthGobi.
Source: Bloomberg
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Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
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- GVK Power & Infra Limited - India
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- Mjunction Services Limited - India
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- London Commodity Brokers - England
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- Standard Chartered Bank - UAE
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- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
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- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Indonesian Coal Mining Association
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- Directorate Of Revenue Intelligence - India
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- SMG Consultants - Indonesia
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- Miang Besar Coal Terminal - Indonesia
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- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
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- Romanian Commodities Exchange
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- Indo Tambangraya Megah - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
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- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
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- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
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- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
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- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
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- Formosa Plastics Group - Taiwan
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- Straits Asia Resources Limited - Singapore
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- Parliament of New Zealand
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
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- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
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- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
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- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
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- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
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- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
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- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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