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Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
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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Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
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- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Planning Commission, India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- The University of Queensland
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
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