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Tata Steel Plans Cooperation With Mining Companies In Vietnam And South Africa


Tata Steel is one of the largest steel manufacturer in the world. Tata Steel plans cooperation with mining companies in Vietnam and South Africa to develop iron ore mining exploration and coal. Cooperation aims to obtain supplies of iron ore and coal mines as a source of raw material that supports the production of steel [...]

Semirara Mining Corp. Plans To Export 2.5 mln Coal Mine This Year


Semirara Mining Corp., owned by the Consunji family, plans to export 2.5 million metric tons of coal this year, company officials said.

APEC to Seek Closer Cooperation Between Oil Companies (Update1)


Asia-Pacific Economic Cooperation countries agreed to seek closer cooperation between oil and gas companies to improve energy trade flows and supply security.
All companies, not just national oil companies, need to cooperate to improve transparency in the market and free up trade, Ian Macfarlane, Australia’s industry minister, said at a media briefing during the APEC energy [...]

Australian Newcastle Thermal Coal Prices Fell 1.8% Last Week


Export prices for power-station coal at Newcastle, Australia, the world’s largest coal-export harbor, fell 1.8 percent last week after major producers and buyers agreed contracts for 2007 supplies.
The weekly index of prices for thermal coal for immediate delivery from the port in New South Wales state slid 98 cents to $52.63 a metric ton in [...]

Ongoing privatisation uncovers rare opportunities


Thai companies, especially those that are strong players in their industries and are seeking ways to expand into the European Union, could take advantage of the privatisation process being undertaken in Turkey.
“We are in the process of divesting our holding in various companies that could be of interest to Thais,” said Hasan Koktas, vice-president of [...]

Korea needs to prepare for global LNG war


What is it? Where does it come from? Korea recently celebrated its national Independence Day, but how can Korea provide for its own energy independence given that we as a nation are energy resource poor? Korea uses nuclear, hydropower, coal, oil and natural gas as its five primary forms of energy.
Every part of Korean life [...]

Thais invited to invest in Lao mining industry


Laos has invited Thais to invest in its mining industry, which is growing rapidly to meet export demand, but warns that they must strictly observe the country’s environmental laws.
Thongpath Inthavong, director-general of the Department of Geology and Mines, who is on a roadshow to promote mining opportunities in Laos, told a press conference his country [...]