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Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage done by the trucks, a move which could increase costs for smaller producers. The governor of South Kalimantan province, which accounts for around 36 percent of Indonesia's total coal production, said the new regulation was intended to reduce the damage to key infrastructure and would come into effect in July.
The ban is unlikely to affect shipments from big coal producers in the area -- including PT Adaro Energy Tbk (ADRO.JK) and PT Arutmin, a unit of Indonesia's largest coal producer PT Bumi Resources Tbk (BUMI.JK) -- as they have their own hauling roads, according to Supriatna Suhala, executive director of Indonesia Coal Association.
"It will affect small miners. They may either have to declare force majeur, incur extra costs by building roads, or use small trucks which are suitable for public roads," Suhala said.
"Ideally, all miners should have their own roads because they use heavy machinery which could damage public roads," he said.
Many of the public roads in South Kalimantan have been badly damaged, as they were not intended for heavy use by trucks carrying coal and oil palm fruit and weighing tens of tonnes.
Coal miners and palm oil planters must build their own roads linking the mines and plantations to the nearest river ports by the end of July, Governor Rudy Ariffin said.
"If their roads come across public roads, they will have to build an underpass," Ariffin told Reuters in Jakarta after a meeting with legislators.
"Companies are now working to build their own roads. Hopefully, the roads can be used to transport mining products and agriculture produce by July," he said.
Indonesia is expected to produce 230 million tonnes of coal this year. (Writing by Fitri Wulandari; Editing by Sara Webb)
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK43849320090427
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Wednesday, 01 April 09
COAL FIRMS' PROFITS NOT EXPECTED TO GROW IN '09 - - THE JAKARTA POST (ANALYSTS)
Despite their windfall profits in 2008, analysts doubt that PT Bumi Resources Tbk or any other coal firms will post profit growth this year, with pr ...
Tuesday, 31 March 09
DEUTSCHE BANK TO ADD COAL, GAS, SHIPPING IN COMMODITY EXPANSION - BLOOMBERG
Deutsche Bank AG, after quadrupling revenue from commodities in two years, plans to add coal, European natural-gas and shipping to its business, ant ...
Monday, 30 March 09
CHINA SHENHUA SAYS AGREES DOMESTIC COAL DEALS - REUTERS
Chinese coal mining giant China Shenhua Energy Co has agreed long-term contracts with some Chinese power producers, its President Ling Wen said on M ...
Sunday, 29 March 09
SHENHUA ENERGY 2008 NET RISES 29% TO RECORD ON PRICES - BLOOMBERG
China Shenhua Energy Co Ltd., the nation’s biggest coal producer, said profit rose 29 percent to a record in 2008 after it increased productio ...
Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY
South Africa has an expanding coal-export terminal, but an uncertain rail capacity.
The mismatch is something South Africa cannot afford, given i ...
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- Ceylon Electricity Board - Sri Lanka
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- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
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- Sojitz Corporation - Japan
- Economic Council, Georgia
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- Thai Mozambique Logistica
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- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
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- Bangladesh Power Developement Board
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- Kalimantan Lumbung Energi - Indonesia
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- The Treasury - Australian Government
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- Directorate General of MIneral and Coal - Indonesia
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- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
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- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
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- Petron Corporation, Philippines
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- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
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- IEA Clean Coal Centre - UK
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- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Bulk Trading Sa - Switzerland
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- Sree Jayajothi Cements Limited - India
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- Coalindo Energy - Indonesia
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- Antam Resourcindo - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bhatia International Limited - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
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- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- CNBM International Corporation - China
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- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
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- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Timah Investasi Mineral - Indoneisa
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- White Energy Company Limited
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- Ministry of Transport, Egypt
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- TeaM Sual Corporation - Philippines
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- Mintek Dendrill Indonesia
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- Larsen & Toubro Limited - India
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- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
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- The University of Queensland
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- Maheswari Brothers Coal Limited - India
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- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
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- Commonwealth Bank - Australia
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- PTC India Limited - India
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- Africa Commodities Group - South Africa
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- Indonesian Coal Mining Association
- Central Electricity Authority - India
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- Siam City Cement - Thailand
- Eastern Energy - Thailand
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