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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, 06 August 12
3RD ANNUAL INDONESIA POWER
Press Release - 3rd Annual Indonesia Power is Indonesia’s premier power event, where commercial opportunities and new projects are identified. ...
Monday, 06 August 12
COAL EXPORTS COULD ADD $2B TO $6B ANNUALLY TO U.S. ECONOMY - HELLENIC SHIPPING
Business groups backing Pacific Northwest coal export proposals on Thursday lauded a new report that claims increased U.S. coal exports could bring ...
Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained& ...
Sunday, 05 August 12
INDONESIA'S ADARO TRIMS PRODUCTION FORECAST, CITES BAD ECONOMY - THE JAKARTA GLOBE
The Jakarta globe reported that, Adaro Energy, the country’s second-largest coal producer, has cut its annual production forecast to between ...
Sunday, 05 August 12
DRY BULK FREIGHT MARKET TO STAY WEAK NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com - The freight market continued to soften further in all segments.
The BDI was down by 8.68 pct closing at 852 points. The cape index ...
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- Australian Coal Association
- India Bulls Power Limited - India
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- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
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- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
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- PTC India Limited - India
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- Rashtriya Ispat Nigam Limited - India
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- GMR Energy Limited - India
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- Kobexindo Tractors - Indoneisa
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- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
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- Rio Tinto Coal - Australia
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- SN Aboitiz Power Inc, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
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- Larsen & Toubro Limited - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
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- Energy Development Corp, Philippines
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- The University of Queensland
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- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
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- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
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- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
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- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
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- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
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- Wilmar Investment Holdings
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- Parliament of New Zealand
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- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
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