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Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could undermine export markets for the Australian commodity.
Rio Tinto chief executive Tom Albanese said he knew the leader of an energy company who likened opportunities in Mongolia to a ‘‘religious experience’’.
‘‘Coal from Mongolia to China is happening. It is expanding, probably doubling every two years,’’ Mr Albanese told an investors’ conference in Sydney on Monday.
‘‘Will that coal get to the seaborne markets? I suspect it will.
‘‘Will it get to the seaborne markets at a lower delivered cost than Australian coal? I suspect it will too,’’ he said.
Mr Albanese said problems at the world’s biggest coal port, Newcastle, were unhelpful.
He said Rio Tinto’s Australian coal production was not at capacity purely because of logistical reasons in getting the coal exported.
‘‘We should remind ourselves that Australia is not the only source of supply for the Asian seaborne market, so if the coal chain does not pick up, others will find their way to that market,’’ he said.
Mr Albanese said Rio Tinto was leading the way in moving towards a longer-term take-or-pay arrangement at the Newcastle port facility.
Newcastle’s coal port has been plagued by congestion over the past 20 years, causing headaches for exporters.
Mr Albanese said his company was continuing to look to invest in Mongolia, where coal coal horizons were 300 metres or more in thickness.
‘‘We have coal interests through our stake in Ivanhoe (Australia Ltd) but we also have coal interests on our own in Mongolia via Rio Tinto explorations,’’ he said.
Source: The Age
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Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...
Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
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- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
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