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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Lanco Infratech Ltd - India
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- The Treasury - Australian Government
- ASAPP Information Group - India
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- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
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- Singapore Mercantile Exchange
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- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
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- Metalloyd Limited - United Kingdom
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- Eastern Coal Council - USA
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- Australian Commodity Traders Exchange
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- Pipit Mutiara Jaya. PT, Indonesia
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- TeaM Sual Corporation - Philippines
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- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
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- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Tamil Nadu electricity Board
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- The State Trading Corporation of India Ltd
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- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Australian Coal Association
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- The University of Queensland
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- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
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- Coal and Oil Company - UAE
- Planning Commission, India
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- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Economic Council, Georgia
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- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
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- Minerals Council of Australia
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- Indian Oil Corporation Limited
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