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Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Mining Congress organised by the Mining, Geological and Metallurgical Institute of India, Jaiswal cited several instances of Asian countries who are the market leaders.
China is the world’s largest coal producer, while India is third.
“Indonesia is also fast emerging as a major coal exporting country. Coal is still the most affordable and locally available fuel and it is the fastest growing mineral for consumption. What we need is greater regional co-operation and collaboration in mineral development, particularly in the coal sector,” Jaiswal said.
“This collaboration can come in the areas of joint exploration or the development of mines,” the minister said.
He said India needed to have access to new coal reserves for its industries.
China’s consul-general Mao Siwei said the governments of both the countries had planned collaborations in coal. “China produces 40 per cent of the total coal production in the world. And China has now become the largest trading partner of India.”
Meanwhile, Coal India has started the process of forging strategic partnerships with producers overseas to bring coal at a price lower than the import price. “Coal companies abroad are witnessing an annual growth rate of 3 per cent. The growth rate is 1 per cent for US companies. India offers a better growth prospect for them,” said Partha S. Bhattacharyya, chairman of Coal India Ltd.
Source: Telegraph India
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Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...
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&nb ...
Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...
Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...
Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...
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- The University of Queensland
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- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
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- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Minerals Council of Australia
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- European Bulk Services B.V. - Netherlands
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- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
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- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
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- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- White Energy Company Limited
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- GMR Energy Limited - India
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- Sree Jayajothi Cements Limited - India
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- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
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- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
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- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
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- Australian Commodity Traders Exchange
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- GN Power Mariveles Coal Plant, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
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- Australian Coal Association
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