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Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity prices rebound.
Below is a list of some of the major investments and purchase agreements involving foreign companies in Russia, which was the world's third-largest steam coal exporter last year:
Foreign Investment
* ArcelorMittal pays $720 million in 2008 to acquire three coal mines from Russian rival Severstal and affiliated parties in western Siberia's Kuzbass basin.
* Italy's Coeclerici acquires the Korchakol mine in the Kuzbass in 2008. The company has been active in the Russian market since the 1960s and exports 3 million tonnes of steam coal from the Arctic port of Murmansk annually.
* Global mining giant BHP Billiton and Russia's Norilsk Nickel in 2006 announce an alliance on minerals and exploration and development, focusing initially on western Siberia and northwest Russia. In October, 2009 an executive at the Russian miner says the two companies will start mining an Arctic coking coal deposit in 2015. Initial annual output will total 8 million tonnes, and plans call for later production to reach 12 million to 15 million tonnes per year.
COAL DEALS
* Russian steam coal producer SUEK in July, 2007 begins rail shipments to China Datang Corp as part of an agreement to supply at least 0.5 million tonnes of coal annually to the utility.
* South Korea's Hyundai Steel in February, 2009 signs an agreement to purchase 100,000 to 300,000 tonnes of coking coal per year from Russia's Mechel for five years starting on April 1, 2010.
* Japan's Mitsui in August, 2009 signs a cooperation agreement with Mechel covering a range of projects including the marketing and sale of coal and metals.
* Russia's Energy Ministry in September, 2009 says unnamed Chinese investors are in talks with Russian coal miners, including Mechel and United Industrial Corp to develop resources and infrastructure in the Far East.
* Hyundai Steel in September, 2009 says it will buy up to 300,000 tonnes of coal per year from Russia's Siberian Anthracite for five years starting in 2010.
* South Korea's POSCO in September, 2009 signs a five-year deal to purchase 1 million tonnes of coking coal and coal products from Sibuglemet, also starting in 2010.
Source: Reuters
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Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
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 ...
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- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Australian Coal Association
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
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