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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, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
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- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
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- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
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- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
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- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
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- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
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- ASAPP Information Group - India
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- Interocean Group of Companies - India
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- VISA Power Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
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- Samtan Co., Ltd - South Korea
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- Independent Power Producers Association of India
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- European Bulk Services B.V. - Netherlands
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- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
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- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
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- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
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- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
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