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Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
.jpg) The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as producers look to take advantage of higher prices, the Indonesian Coal Producers Association said on Monday.
“Coal demand remains bullish this year, mainly from China and India,” said Bob Kamandanu, chairman of the association, known as APBI.
Increased production has mainly been driven by higher coal prices — currently around $104-105 a ton, compared to a $70 a ton average price last year.
However, favorable weather conditions have also played a part with El Nino bringing drier than normal weather, which is more suitable for mining.
APBI said Indonesia produced 59 million tons of coal in January and February, without giving a comparison for the same period last year. It said production may exceed its 320 million ton estimate.
“Actually, the output may reach 380 million tons, but still we have to consider bad weather that may occur in December,” Kamandanu said.
Local demand for coal should be around 60 million tons this year with the remainder destined for export, he said.
Indonesia is the world’s largest exporter of thermal coal, used in power stations, and electricity-hungry China is its biggest market.
Chinese demand for thermal coal will be strong this year due to low rainfall cutting hydroelectric power production and poor transportation links between Chinese coal-producing areas in the northwest and the major power stations in the southeast, said ANZ Bank in a research note on Monday.
Exports from Vietnam are expected to drop, which will result in the Chinese importing more coal from Indonesia and Australia, the note said.
Indonesia’s major coal producers are all forecast to produce more coal this year, APBI said.
PT Adaro Energy and PT Kaltim Prima Coal should each produce an extra four million tons, PT Berau Coal an extra three million tons and PT Arutmin Indonesia an extra two million tons, the association said
Meanwhile, the government is predicting coal output of 250 million tons this year. The reason for the discrepancy with the APBI estimate is that government figures do not include production from small-scale and illegal coal miners.
According to government figures, Indonesia produced 254 million tons in 2009.
“We won’t include the output from small concessions as there is no guarantee of their output,” said Bambang Gatot Ariyono, director of coal and minerals at the Energy Ministry.
Source: The Jakarta Globe (By-Reva Sasistiya & Bloomberg)
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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
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- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
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- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- MS Steel International - UAE
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- The University of Queensland
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- PTC India Limited - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
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