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Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports are affected by carbon taxes and environmental concerns.
A study, released today by the University of Queensland and entitled “Coal and the Commonwealth”, said China, an increasing importer of thermal coal, would probably look to Indonesia and Russia for supply, if Australia’s exports were affected by carbon taxes and environmental concerns.
“However the ability of these countries to sustain supply to China is questionable,” the report found.
“In the event of volatility in supply China could revert to exploiting reserves of inferior quality coals located in its central and southern provinces.
“It is therefore in the world’s best interests to continue to make low emission Australian coal available at competitive world prices.”
The report also outlined the emerging new technologies for coal and the rise of the coal seam gas industry.
The report, edited by Professors Peter Knights and Michael Hood, said proven, probable and possible reserves of CSG now exceed 800 million tonnes -- larger than the LN G reserves off the north and west coasts of Australia.
“With over $18 billion of projects in the planning, the CSG industry has the potential to be the next great industry for Australia,” the report said.
The concept of a “cleaner coal” is shifting in Australia towards low emission coal technologies, the report said.
The Australian reported today that according to an audit by the Rudd government's own global carbon capture and storage institute, clean coal power stations were not viable until the carbon price reached a minimum of $60 a tonne -- a level the Australian government did not anticipate until almost 2030.
The new $100 million-a-year institute found the business case for clean coal technology could only work if governments helped build the first commercial-size carbon capture and storage power plants on a "field of dreams", or "build it and they will come", basis.
Resources Minister Martin Ferguson recently said as the world's largest exporter of coal and a nation which derives around 80 per cent of its electricity from coal, it was vital that Australia made technological progress on CCS -- and soon.
Today's report, commissioned by Peabody Energy, said Australia had sufficient CCS capacity to outlast its reserves of coal.
Twelve CCS demonstration programs worth in excess of $1 billion are currently underway in Australia.
“Australia, because of its vested interest in continuing to reap the economic benefits from its plentiful coal resources and its heavy reliance on coal as an energy resource, is among the world leaders in the development of these low emissions technologies,” the report said.
Source: The Australian
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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
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- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
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