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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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Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED has opened price bid yesterday.
According to a participant, the quo ...
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- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- White Energy Company Limited
- Wilmar Investment Holdings
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
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