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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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Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
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- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
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