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Wednesday, 04 August 10
ADARO PRODUCED 21.62 MILLION TONS OF COAL IN 1H 2010
COALspot.com: “Adaro Energy’s production volume during the second quarter of 2010 was 10.26 million tones and for the first half of 2010 was 21.62 million tones”, according to the statement released by Adaro.
Adaro Energy is currently Indonesia’s second largest thermal coal producer, operates the largest single coal mine in Indonesia, and is a significant supplier to the global seaborne thermal coal market with a present capacity of approximately 50 Mt per annum. The Company has approximately 3.5 billion tons of coal reserves and resources and is fully integrated from exploration through to marketing. The Company’s subsidiary, PT Adaro Indonesia commenced mining in 1992 from a coal resource area in the Tanjung district of Indonesia’s South Kalimantan Province.
Adaro Energy’s sales volume during the second quarter of 2010 was 10.29 million tones and for the first half of 2010 was 21.75 million tones.
Adaro’s 2Q production volume dropped 9.6 percent compared to 1Q 2010 production. Adaro has produced 11.36 million ton of coal in 1Q 2010. Sales volume also dropped by 10.20 percent over the1Q sales volume. However, Adaro Energy production and sales during 2Q 2010 were higher by 15% and 13% respectively compared to the 2Q 2009. Similarly, the production and sales during 1H 2010 were also higher by 20% and 22% over the 1H 2009. Unprecedented high level of rainfall in this second quarter and especially in June, has affected Adaro’s 2Q production and sales. According to the statement, rainfall in June was, the highest in the last seven years.
Despite the adverse un-seasonal wet weather and challenging working conditions, Adaro continues to focus on reaching 45 Mt production this year. If the high rainfall continues into the second half of 2010, it might impact Adaro production target adversely.
Envirocoal-Wara
Adaro currently producing Envirocoal-Wara, an average daily rate of 6,000 tons per day or 2 million tons per annum. According to report, Initial commercial production of Envirocoal-Wara started in the first quarter of 2010 and in May Adaro delivered its first shipment to China. Envirocoal-Wara coal has a lower heat value than the existing Envirocoal product from the Tutupan mine, however it has the same unique environmental characteristics and a low stripping ratio.
Business Development
The Indonesian Government approved the formation of the joint venture between Adaro Energy and BHP Billiton for the IndoMet Coal Project on May 2010. Adaro, through its subsidiary PT Alam Tri Abadi, has acquired a 25% interest in the joint venture, with BHP Billiton holding the remaining 75%. The work to identify development options across the seven Coal Contracts of Work (CCoWs) is in progress.
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Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...
Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limite ...
Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...
Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...
Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM
COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...
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- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
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