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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 $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term coal production of 20 million tons a year from the country.
The company, through its SouthGobi Energy Resources Ltd. unit, wants to supply 1 percent of China’s coal supply within 10 years, Chairman Robert Friedland said today in an interview in Beijing. China is the world’s biggest coal consumer.
Mongolia may become the “Saudi Arabia of coal,” Friedland said earlier at the China Eurasia Investment Forum.
SouthGobi’s Ovoot Tolgoi mine, located 45 kilometers (28 miles) north of the border with China, has 114.1 million metric tons of coal reserves, according to an October presentation on the company’s Web site. It’s targeting sales of almost 15 million tons by 2015.
Third-quarter coal sales from Ovoot Tolgoi were forecast to rise 17 percent to 450,000 tons, according to the presentation.
Ivanhoe Mines, based in Vancouver, owns 80 percent of SouthGobi.
Source: Bloomberg
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Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 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 ...
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- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- The University of Queensland
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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