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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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- Billiton Holdings Pty Ltd - Australia
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- The Treasury - Australian Government
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- Merrill Lynch Commodities Europe
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- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
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- Australian Coal Association
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- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
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- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Parliament of New Zealand
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- The State Trading Corporation of India Ltd
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- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
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- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
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- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
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- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- The University of Queensland
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
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- Makarim & Taira - Indonesia
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- Meralco Power Generation, Philippines
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- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
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- Kaltim Prima Coal - Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Interocean Group of Companies - India
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- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Minerals Council of Australia
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- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
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- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
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- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
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- Indian Oil Corporation Limited
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- Samtan Co., Ltd - South Korea
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