We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
 Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acquire, through a joint venture (JV) with other Indian companies, coking coal projects in Mozambique, as well as in Australia and Indonesia “We are looking at several opportunities, but I can’t discuss the names,” Sail chairperson S K Roongta told Bloomberg News in Beijing. “I can’t set a timeline but we would like it to happen at the earliest.”
He explained that his group was seeking to increase its steel production in order to meet growing domestic Indian demand. According to the World Steel Association, the demand for steel in India is likely to show an 8,9% increase this year and a 12,1% rise next year. It is reported that Sail itself expects to produce 14-million tons of crude steel between July 2009 and June 2010.
The JV, of which Sail is a member, was set up with the encouragement of India’s federal government and is called International Coal Ventures. The JV is composed of five companies, all State-owned. Apart from Sail, which is 86%-owned by the Indian government, the members of the JV are Coal India, the National Development Corporation, NTPC (National Thermal Power Corporation, India’s biggest thermal power generating company) and Rashtriya Ispat Nigam (another steel company). Sail and Coal India each have two-sevenths of the JV’s equity, while the other three each hold one-seventh.
Coal India was allocated two coal blocks in Mozambique, in March. These are the A-1 and A-2 blocks in Tete province. The International Coal Ventures JV was formed in May. The JV’s interest in buying further coal blocks in Mozambique was made public, in a document released by the Indian High Commission in Maputo, in August.
Sail is a fully integrated iron- and steel- making company. In terms of turnover, it is one of the ten biggest State-owned companies in India. It manufactures basic and special steels for India’s automotive, construction, defence, engineering, power and railway industries.
It also exports steel. Its products include hot- and cold-rolled sheets and coils, plates, bars and rods, galvanised sheets, electrical sheets, structural steel, railway products, stainless steel and other alloy steels.
Sail operates five integrated steel plants and three special steel plants, as well as its own iron-ore, dolomite and limestone mines. In fact, it is India’s second-largest iron-ore-miner and has what it calls “the country’s second-largest mines network”. Sail also has its own Research and Development Centre for Iron and Steel.
Although formally established in 1973, Sail can trace its beginnings back to 1960 and to the establishment of the Alloy Steels plant at Durgapur, in West Bengal.
The group is currently carrying out a modernisation and expansion programme. This will see production of hot metal increase from the 2006/7 level of 14,6-million tons per year (Mtpa) to 23,5 Mtpa by 2012 and thereafter to 26,2 Mpta; the production of crude steel rise from 13,5 Mpta (2006/7) to 21,4 Mpta (2012) and then to 24,6 Mpta; and the production of ‘saleable steel’ go up from 12,6 Mpta (2006/7) to 20,2 Mpta (2012) and then to 23,1 Mpta.
Modernisation will result in Sail producing all its steel using blast oyxgen furnaces, installing auxiliary fuel injection systems in all blast furnaces, processing all its steel by continuous casting, adding value by reducing the production of semi- finished steel, installing the latest computerised and automated process control systems and implementing online testing and quality control.
Source: Mining Weekly
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States.
The Business Standard ...
Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...
Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...
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 Co ...
|
|
|
Showing 6346 to 6350 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- The University of Queensland
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Australian Coal Association
- White Energy Company Limited
- Ambuja Cements Ltd - India
|
| |
| |
|
