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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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Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
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- Samtan Co., Ltd - South Korea
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- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
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- GAC Shipping (India) Pvt Ltd
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- Billiton Holdings Pty Ltd - Australia
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- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
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- Africa Commodities Group - South Africa
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- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
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- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
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- SMG Consultants - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
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- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
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- PTC India Limited - India
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- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
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- Tata Chemicals Ltd - India
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- Parliament of New Zealand
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- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
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- Intertek Mineral Services - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- SN Aboitiz Power Inc, Philippines
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- Australian Coal Association
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- Chamber of Mines of South Africa
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- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
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- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
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- Heidelberg Cement - Germany
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- PNOC Exploration Corporation - Philippines
- The University of Queensland
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- Planning Commission, India
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- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
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- Price Waterhouse Coopers - Russia
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- VISA Power Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Eastern Coal Council - USA
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- Sarangani Energy Corporation, Philippines
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- White Energy Company Limited
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- The Treasury - Australian Government
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