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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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- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Australian Coal Association
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
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