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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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Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...
Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...
Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...
Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...
Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
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- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Australian Coal Association
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
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