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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, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...
Thursday, 03 June 10
GOVT CONSIDERING IMPORT PARITY PRICE FOR DOMESTIC COAL
The government on June 1 said it is considering to price domestic coal on par with global rates, a move which may increase the cost of the raw mater ...
Wednesday, 02 June 10
SRI LANKA TESTS 1ST COAL POWER PLANT IN SEPT.
Sri Lanka will start testing its first 300 MegaWatt coal power plant in September with plans to connect it to the national distribution grid by Janu ...
Wednesday, 02 June 10
CHINA'S IRON ORE IMPORTS TO KEEP BEING THE BIGGEST FACTOR FOR DRY BULK FREIGHT RATES SAY READERS
With dry bulk freight rates staging a positive rally during most of May, the industry’s main benchmark, the Baltic Dry Index (BDI) has managed ...
Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the ne ...
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- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
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