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Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
 * First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.
The company had earlier predicted for the license to be granted within the third quarter.
Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.
"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.
CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.
The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.
Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.
CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.
The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.
The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.
"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.
Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters
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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
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- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- White Energy Company Limited
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- PTC India Limited - India
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- MS Steel International - UAE
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
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