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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, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 ...
Monday, 05 December 11
SGX LAUNCHED IHS MCCLOSKEY/XINHUA INFOLINK OTC CFR SOUTH CHINA COAL CONTRACT TODAY
COALspot.com - In order to meet the demand of the coal industry for an effective coal hedging tool with counterparty credit risk mitigation facility ...
Monday, 05 December 11
DRY BULK RATES LOOKING TO EXTEND GAINS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize dry bulk carrier owners have had a great week, with rates rising for six straight sessions (including the end of the week before that). As ...
Sunday, 04 December 11
SUPRAMAX TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7500 - 8000 PD
COALspot.com - The BDI and Cape index recovered this week. The BDI was up by 3.26 pct and Cape index saw a big jump and closed at 3409 points (up by ...
Saturday, 03 December 11
BORNEO TO SPEND US$600 MIO CAPEX - INSIDER STORIES
Insider Stories reported that, Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) plans to spend US$600 million capital expenditure ( ...
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- MS Steel International - UAE
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- VISA Power Limited - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
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