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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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Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm an ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Planning Commission, India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
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