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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, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
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 u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
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- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
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