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Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
 * Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct to 58.074 mln tonnes in Q1 2009
* Coal prices seen between $65-$70 until year end
Indonesia's coal output this year may be about 9 percent lower than initially expected due to the global crisis, a top industry official said on Thursday, although Chinese and Indian demand should lift exports in the second half.
Indonesia, the world's top thermal coal exporter, is expected to produce about 240 million tonnes of coal this year, slightly up from 238 million tonnes last year, but down on a forecast of 265 million tonnes early this year, said Bob Kamandanu, head of the Indonesia Coal Association.
Coal production in the first quarter fell 1.39 percent to 58.07 million tonnes, compared to 58.90 million tonnes in the same period of 2008.
"There were no cancellation from buyers, but they reduced the shipment volumes," Kamandanu, the association's newly-elected chairman, said in an interview.
"With the situation, production is most likely to hit 240 million tonnes. If demand improves in the second half, it could be much higher but it will not reach 265 million," he said.
Indonesia exported 44.79 million tonnes of coal in the first quarter, down 11.2 percent from 50.49 million tonnes in the January-March period last year, Kamandanu said.
Coal is the cheapest source of thermal energy used in the industrial sector, with the cement and steel industry among the largest buyers.
But demand has stuttered as the downturn has forced factories from Europe to China to halt production as exports slump.
However, Indonesia's overall coal exports for 2009 should still top the 206 million tonnes shipped in 2008 as coal demand was expected to recover in the second half helped by Chinese and Indian demand, Kamandanu said.
"We see demand from China is picking up and there's more demand from India. I see there will be improvement in the second semester," he said.
Asian coal prices have recovered from a near 6-month low of $58 a tonne in February to hover above $60 in the past two months aided by Chinese demand for coal from Australia and Indonesia.
India's demand for coal is growing by around 8-9 percent a year, outpacing production that is growing by 6 percent as the power sector has not been hit by the credit crunch.
Kamandanu said coal prices were likely to hover between $65-$70 until the end of the year.
"I don't think there will be a significant jump in prices like last year. Players learned a lesson from last year," he said.
Coal prices have fallen from a record peak of $201 a tonne hit in July last year. Thermal coal prices at the globalCOAL Newcastle weekly index stood at $63.46 a tonne late Wednesday.
Despite lower exports in the first quarter, domestic coal demand jumped nearly 60 percent to 13.28 million tonnes, from 8.39 million tonnes in the same period as many domestic users had locked in contracts early this year.
"Last year, their stockpiles were nearly empty because rains disrupted production and shipments. So this year, they lock in contracts earlier to avoid that problem," he said.
The association said it planned, by targeting smaller firms, to expand its membership to 100 coal firms from 54 now to boost marketing of Indonesian coal.
Source: http://money.ninemsn.com.au/article.aspx?id=813959
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Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
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- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Australian Coal Association
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- The University of Queensland
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
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