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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, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
Monday, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
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- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Trasteel International SA, Italy
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- The University of Queensland
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
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