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Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
 The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 million tonnes destined for India, the firm's chief executive said.
Indonesia is the world's top exporter of thermal coal, and coal production in East Kalimantan, on the island of Borneo, accounts for more than half of the country's total coal output, forecast to reach around 230 million tonnes this year.
MEC is a joint venture between UAE investment fund RAK Minerals and Metals Investments (RMMI) and UAE-based mining company Trimex. RMMI won a license in March to build a 150-km (93-mile) rail link to take coal from a mine in East Kalimantan province to a coal terminal.
"We are looking at full-scale production starting in 2010 with a delivery of 2 million tonnes," Naveen Chandralal, Middle East Coal's chief executive officer, told Reuters in an e-mail, adding that it would also begin work on the coal rail project.
The coal will be all exported to India, Chandralal said.
Shipments will subsequently increase up to 32 million tonnes by 2015, he added.
MEC operates a greenfield coal concession in East Kalimantan with estimated resources of 2 billion tonnes of low-sulphur/low-ash thermal coal.
The firm has been in talks to buy equity stakes in India's power plants in exchange for a long-term supply deal.
"Although India is a key market for coal as the country continues to address its power requirement, MEC would like to be part of the Indian growth story rather than just a supplier of coal," Chandralal said.
MEC is close to finalising agreements to take equity stakes in Indian power plants, he said, but declined to identify them, saying that was confidential information.
India is expected to step up coal imports in 2012 for its new power projects as its own production lags.
The firm also expects to start construction of the railway project to link its mine in Muara Wahau to Bengalon port in East Kalimantan, in March 2010, Chandralal said, "with a view to commissioning the first cargo train by early 2012".
The firm has acquired about 80 percent of the land needed for the project, he said. The project is estimated to cost around $1 billion, the firm has said.
Indonesia mostly uses waterways to ship coal as most coal mines are located near rivers or the open sea.
Source: Reuters
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Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...
Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...
Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands.
The Viet Nam Coal ...
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...
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- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
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