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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, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
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 m ...
Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
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- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- White Energy Company Limited
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
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