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Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion.
The company is seeking mines in nations including Australia and South Africa, Managing Director Sajjan Jindal said in an interview in Mumbai. JSW Steel plans to secure half of its coal requirement overseas, he said.
JSW Steel is looking at new locations after failing to find coking coal at its exploration project in Mozambique. Prices of steelmaking materials including coking coal and iron ore surged in the past five years because of rising demand from China, the biggest producer of steel.
The company plans to raise capacity by more than a third to 10 million metric tons at its Vijayanagar plant in South India by 2011, Jindal said. Following the expansion, it aims to build a mill in the eastern state of West Bengal with an initial capacity of 3 million tons, he said.
source: Bloomberg
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Thursday, 03 December 09
COAL INDIA IPO LIKELY TO HIT MARKETS BY NOVEMBER 2010
Soon investors will get to own a slice of India's largest coal mining company. Coal India its initial public offering will hit markets in November ...
Thursday, 03 December 09
PROLONGED COAL MARGIN SQUEEZE AHEAD - WESCOAL
Mining Weekly reported that, Coal junior Wescoal foresees a continued margin squeeze ahead. The JSE AltX-listed company's gross margin was reduced ...
Tuesday, 01 December 09
COAL DEMAND REBOUNDING FROM DOWNTURN - U.S. MINING EXECS
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power ...
Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and ...
Monday, 30 November 09
NTPC SCOUTS FOR MORE COAL BLOCKS IN INDONESIA
State-run National Thermal Power Corporation (NTPC) today said it has identified three more coal blocks in Indonesia for acquisition.
"We ha ...
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- Renaissance Capital - South Africa
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
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