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Monday, 18 January 10
BHP TO SPEND $267 MILLION ON QUEENSLAND COKING COAL
BHP Billiton Ltd, the world’s largest mining company, will spend $267 million to accelerate development of the Caval Ridge mine and the Hay Point coal terminal in Australia’s Queensland state.
“The funds will be used for feasibility studies, the procurement of long-lead time items and initial project activities,” Melbourne-based BHP Billiton Ltd. said in a statement today on its Web site. Final approvals for the projects are expected in the third quarter of 2011, it said.
Deutsche Bank AG last week raised its forecast for 2010 coking coal prices by 36 percent to $175 a metric ton because of the return of “real physical demand for commodities.” BHP and Japan’s Mitsubishi Corp. own the projects together in the BHP Billiton Mitsubishi Alliance, the world’s largest exporter of coking coal used by steelmakers.
Caval Ridge will produce as much as 5.5 million metric tons a year from a mine by the same name and an additional 2.5 million tons from the Peak Downs mine, BHP said. Expanding the coal terminal will increase capacity by 25 percent to 55 million tons a year, it said.
Development of Caval Ridge was delayed by two years in July because of the global recession.
Source:Bloomberg
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- The University of Queensland
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
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