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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, 04 November 13
API 8 CFR S.CHINA COAL SWAP FOR Q3' 2014 DELIVERY CLOSED 3.65% HIGHER COMPARED TO Q1' 2014 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.24 percept W-W on Friday 1 November 2013. The CFR South China Co ...
Sunday, 03 November 13
H2' 2014 INDONESIAN COAL PRICE ( SWAPS) SHOWS POSITIVE TREND
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’2014 delivery gained 0.24 percept week on week on Friday 1 ...
Sunday, 03 November 13
THE CAPE SIZE INDEX FELL 13.61 PCT W-W
COALspot.com: The freight market continued to soften on the cape and panamax sectors , however the supramax and handy size remained fairly firm.
...
Saturday, 02 November 13
DRY BULK SHIPPERS AREN'T CELEBRATING, BUT THEIR SILENCE IS GOLDEN - MARKET REALIST
In October, performance for major dry bulk shipping companies was mixed. Companies like DryShips Inc. (DRYS) had pulled back more than Diana Shippin ...
Friday, 01 November 13
US'S COAL PRODUCTION UP 0.9 PERCENT W-W
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...
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- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
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- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Attock Cement Pakistan Limited
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- Minerals Council of Australia
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- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
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- PNOC Exploration Corporation - Philippines
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- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
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- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
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- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
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- Miang Besar Coal Terminal - Indonesia
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- Singapore Mercantile Exchange
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- Banpu Public Company Limited - Thailand
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- SMC Global Power, Philippines
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- Cement Manufacturers Association - India
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- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
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- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- The University of Queensland
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- Georgia Ports Authority, United States
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- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
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- Tamil Nadu electricity Board
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- Australian Coal Association
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- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
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- Siam City Cement - Thailand
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- Kobexindo Tractors - Indoneisa
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- Coalindo Energy - Indonesia
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- India Bulls Power Limited - India
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- Bayan Resources Tbk. - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Indogreen Group - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
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- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
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- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
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