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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$1.6 billion project is expected to operate in 2014 with a load capacity of 35 million tons a year.
Sukrisno said the railway project was expected to increase coal shipping capacity significantly.
"With the completion of several infrastructure projects our production is expected by 2014 to reach 50 million tons a year," he said.
The company has 6.5 billion tons in coal reserve.
Source: The Jakarta Post
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Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
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- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
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