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Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a net importer in 2009 for the first time, said a JPMorgan report.
Under the circumstance, domestic companies began seeking investment opportunities in the overseas coal market in order to ensure domestic supplies.
On October 27, China Investment Corp. announced it would invest 500 million US dollars in Canada-based SouthGobi Energy Resources through the purchase of its 30-year convertible bonds. If China Investment Corp. were to convert all the bonds, it would acquire 22 percent equity of SouthGobi.
SouthGobi mainly explores for power coal resources in Mongolia and sells to China's Gansu province. The cooperation between China Investment Corp. and SouthGobi conjoins the two Gansu's power coal market.
Similarly, Huaneng Group, one of China's five power giants, also announced this July that it planned to acquire 51 percent equity of PT. Berau Coal, Indonesia's fifth largest coal producer, to guarantee its own coal supply to domestic power plants.
In fact, quite a few domestic power producers have shown overseas acquisition interests. Although overseas acquisitions are difficult, they still provide a way to maintain steady coal imports, noted an insider with Huaneng Group.
Source: China Mining
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Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
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- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- The University of Queensland
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Australian Coal Association
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
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