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