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Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 mln tons of coal in 2009, said Mr. Choi Weon- Chim, Executive Vice President of Samtan Co. Ltd of Korea. 49% share holder of Kideco Jaya Agung. India Group and PT. Muji Inti Utama is holding remaining 46% and 5% shares respectively.
PT KIDECO Jaya Agung (KIDECO) explores, develops and produces coal in the Paser area in East Kalimantan. KIDECO was awarded the coal mining concession in the Paser area under a Coal Contract of Work (CCOW) executed in 1982. The concession covers a period of 30 years from March 1993 when commercial production first began.
Out of 29.5 million ton coal to be produced in 2010, about 7 million ton would be SM coal which is having lower GCV (4200 kcal/kg ( gar)) than the regular Kideco coal which is medium GCV and very low sulphur. Minable deposit of SM is around 300 million tons. Currently Kideco is expecting to supply about 4 million ton to China and 4.5 million tons to India in 2010.
Mr. Choi is expecting that, the export quantity will increase to 6 million tons to China in 2011 and 5.4 million tons to India in 2011. 25% of Kideco‘s total production is allocated or supply to Domestic market. Most of the cargo was sold out for 2010, 2011 said Mr. Choi Weon, Executive vice president.
“Coal prices are seem to be stable at this moment’ he further said. Kideco coal was one of the well accepted coal in world market because of low sulphur and low ash content
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Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
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- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Planning Commission, India
- CNBM International Corporation - China
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
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