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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with production expected to reach 70 million tons a year, an official says.
Bukit Asam president director Sukrisno expressed his optimism on Wednesday the company would meet its target, which would enable it to beat PT Adaro Tbk.'s production of around 45 million tons a year.
"With the additional coal shipping railway infrastructure and coal collection port we are optimistic we will become the biggest national player," Sutrisno told Antara news agency at the signing of cooperation to develop a 270-kilometer long coal shipping railway from Tanjung Enim to Tanjung Api-Api.
Sukrisno said the company's present capacity is around 12 million tons a year but is expected to reach 15 million tons next year.
The coal railway line is expected to help Bukit Asam to boost production. The US$1.6 billion project is expected to operate in 2014 with a load capacity of 35 million tons a year.
Sukrisno said the railway project was expected to increase coal shipping capacity significantly.
"With the completion of several infrastructure projects our production is expected by 2014 to reach 50 million tons a year," he said.
The company has 6.5 billion tons in coal reserve.
Source: The Jakarta Post
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Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 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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- Toyota Tsusho Corporation, Japan
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- Georgia Ports Authority, United States
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- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
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- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
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- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
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- Sojitz Corporation - Japan
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- Petron Corporation, Philippines
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- The Treasury - Australian Government
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- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
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- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
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- Africa Commodities Group - South Africa
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- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Parliament of New Zealand
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- South Luzon Thermal Energy Corporation
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- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Bangladesh Power Developement Board
- CNBM International Corporation - China
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- Coalindo Energy - Indonesia
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- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
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- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
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- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
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- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
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- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
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- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
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- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
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