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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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Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
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- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- The University of Queensland
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
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