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Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, including an acquisition of a 20 percent stake, its biggest investment in coal.
The investment in the mine, owned by QCoal Pty, includes capital expenditure on factory and mining machinery, Akira Suzuki, general manager of the raw materials department, told reporters in Tokyo today. The unit of Tokyo-based JFE Holdings Inc. signed a long-term contract to secure 2 million metric tons of hard coking coal annually from the Byerwen coal mine.
JFE is seeking to secure coking coal and iron ore as global competition for raw materials intensifies. The Byerwen coal mine will start operations in 2012, and is expected to produce 10 million tons of coal a year, according to a JFE statement today.
JFE Holdings shares, which have gained 51 percent this year, rose 2.3 percent to 3,520 yen on the Tokyo Stock Exchange at the 3 p.m. close.
A group comprising Japan’s five largest blast furnace mills, including JFE, South Korea’s Posco and trading company Itochu Corp. announced a plan last October to buy 40 percent of Brazilian iron-ore producer Nacional Minerios SA for about $3.12 billion.
Source: Bloomber
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Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...
Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
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- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Parliament of New Zealand
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
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