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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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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
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- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
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- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
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- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
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- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
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- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
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- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
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- Bukit Baiduri Energy - Indonesia
- The University of Queensland
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- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
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- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
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- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
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- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
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- London Commodity Brokers - England
- Xindia Steels Limited - India
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- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
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- Miang Besar Coal Terminal - Indonesia
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- Indogreen Group - Indonesia
- Agrawal Coal Company - India
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- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
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- Makarim & Taira - Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Bharathi Cement Corporation - India
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- Bhoruka Overseas - Indonesia
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- Parliament of New Zealand
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- PNOC Exploration Corporation - Philippines
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- Electricity Authority, New Zealand
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- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
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- Eastern Coal Council - USA
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
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