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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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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- Kalimantan Lumbung Energi - Indonesia
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- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
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- Indonesian Coal Mining Association
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- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
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- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
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- The State Trading Corporation of India Ltd
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- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
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- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
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- Metalloyd Limited - United Kingdom
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- White Energy Company Limited
- Orica Australia Pty. Ltd.
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- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
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- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
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- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- London Commodity Brokers - England
- The University of Queensland
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
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- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
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- Baramulti Group, Indonesia
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- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
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- Chettinad Cement Corporation Ltd - India
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- Mercator Lines Limited - India
- Economic Council, Georgia
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- Independent Power Producers Association of India
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- Madhucon Powers Ltd - India
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