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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, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- PTC India Limited - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Posco Energy - South Korea
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
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