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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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Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
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- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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