We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
 India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy to hedge against the cyclical nature of the shipping business.
The HK Mittal-controlled company has earmarked up to $100 million capex (nearly Rs 450 crore) for its coal business and is targeting production of 8 to 10 million tonne (MT) annually from Indonesia over the next five years. “The company is in talks with the Indonesian government and some private players for acquiring the coal mines,” a top level company source told ET.
Indonesia, the world’s third-largest exporter of steaming coal after Australia and China, had coal reserves of 4,328 MT at the end of 2007, according to a survey. The Indonesian government has allowed Indian companies to own 100% stake in coal mines.
Mercator acquired a coal block in Mozambique in 2008 and three coal mines in Indonesia last year and is aggressively searching for more in view of the huge demand from India and other countries.
While production has not yet started at the Mozambique block, the shipping firm is currently producing more than 2 MT of coal per year from the three Indonesian mines, which have a deposit of 21 MT. Now, Mercator has become the biggest exporter of coal from Indonesia to India through its subsidiary Oorja.
“We are keen to quickly acquire more mines in Indonesia. We may acquire a coal mine this year itself,” said sources. The company, over the past few years, has been attempting to minimise the impact of the cyclical nature of the shipping industry through its foray into other activities. As a result, during the first six months of the current financial year, revenues from offshore, coal handling and coal mining amounted to Rs 219.6 crore (US$ 47,739,130) or 25.7%, of its total consolidated revenues during the period. (1 USD = 46.0000 INR)
Source:Economic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 ...
|
|
|
Showing 6081 to 6085 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- White Energy Company Limited
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Planning Commission, India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
|
| |
| |
|
