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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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Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
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- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
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