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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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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- The University of Queensland
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
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