COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA


COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia Pacific Coal Outlook Conference 2010, which was held in the island of Bali during 1 - 2 December 2010. Mr. Jeffry, the president director of Bhakti Energi Persada further said, Low rank coal of Indonesia was already attracting end-users from China and India.

Bhakti began producing low rank coal from its mine in Muara Wahau region, East Kalimantan since 2009.  2010 productions have reached to 0.7 mln tons and around 1.5 million tons will be produced by next year. Bhakti Energi's coal deposit is one of the largest compare to other coal mines in Indonesia. According to Jeffry Mulyono, Bhakti has coal reserves of 5.7 billion tonnes, and it will last for several decades. MEC, a Dubai based energy company is also having the coal concession in Muara wahau region and claimed the coal deposit is more than 1 billion tons.  MEC in the process to build railway lines to transport the coal to its coal terminal which is also in plan to build to load panamax to cape size vessels.

Jeffry told during his presentation, the company also studying coal drying or CUB to upgrade part of its production. According to him a unit of UCB  plant can upgrade about 1 million tons of coal per annum. Part of upgraded coal also could be blended with non upgraded coal to fulfill buyer's requirements.

Share your coal and shipping news with COALspot.com


The cost of upgrading coal of Bhakti is estimated at $ 9 per ton, excluding capital expenditure, Jeffry replied for a question from the floor. Indonesian government may provide additional incentives for low rank coal producers, and it may allow miners to sell low-rank coal below Indonesian coal price reference.  Other miners are required to sell their coal higher or equal to government declared coal price reference. 

Government has declared US$ 23.60 per MT for 2,995 GAR coal in November. Meantime, Government has fixed US$ 102.86 for 7000 GAR coal for the same month. Indonesian coal price for November was US$ 95.51 per MT basis 6,322 GAR .

The reference price for December is expected to increase, as the international indices which were used to calculate Indonesian coal price reference are seeming to be high during November compared to end of October 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In  May 2010 the BDI touched ...


Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...


Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...


Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...


Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...


   1082 1083 1084 1085 1086   
Showing 5416 to 5420 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Krishnapatnam Port Company Ltd. - India
  • Deloitte Consulting - India
  • Glencore India Pvt. Ltd
  • Bhatia International Limited - India
  • SGS (Thailand) Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Lanco Infratech Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • Core Mineral Indonesia
  • Geoservices-GeoAssay Lab
  • Australian Commodity Traders Exchange
  • IEA Clean Coal Centre - UK
  • Cemex - Philippines
  • Kobexindo Tractors - Indoneisa
  • GVK Power & Infra Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Indo Tambangraya Megah - Indonesia
  • TeaM Sual Corporation - Philippines
  • Kapuas Tunggal Persada - Indonesia
  • CESC Limited - India
  • Coastal Gujarat Power Limited - India
  • Humpuss - Indonesia
  • Tata Chemicals Ltd - India
  • Renaissance Capital - South Africa
  • DBS Bank - Singapore
  • Indika Energy - Indonesia
  • Orica Mining Services - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Moodys - Singapore
  • Adani Power Ltd - India
  • Minerals Council of Australia
  • Gupta Coal India Ltd
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bhushan Steel Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Barclays Capital - USA
  • Rio Tinto Coal - Australia
  • CNBM International Corporation - China
  • Antam Resourcindo - Indonesia
  • Jaiprakash Power Ventures ltd
  • Panama Canal Authority
  • Indorama - Singapore
  • Arch Coal - USA
  • Samtan Co., Ltd - South Korea
  • Ministry of Transport, Egypt
  • Jatenergy - Australia
  • Economic Council, Georgia
  • Gresik Semen - Indonesia
  • Maruti Cements - India
  • ACC Limited - India
  • Latin American Coal - Colombia
  • Kartika Selabumi Mining - Indonesia
  • Central Electricity Authority - India
  • Bharathi Cement Corporation - India
  • Thiess Contractors Indonesia
  • Petrosea - Indonesia
  • Savvy Resources Ltd - HongKong
  • BRS Brokers - Singapore
  • Sucofindo - Indonesia
  • Coaltrans Conferences
  • Peabody Energy - USA
  • Eastern Coal Council - USA
  • Cargill India Pvt Ltd
  • Kaltim Prima Coal - Indonesia
  • Thriveni
  • IHS Mccloskey Coal Group - USA
  • Energy Link Ltd, New Zealand
  • Tanito Harum - Indonesia
  • Vitol - Bahrain
  • CCIC - Indonesia
  • Surastha Cement
  • Asian Development Bank
  • GMR Energy Limited - India
  • Jindal Steel & Power Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Lafarge - France
  • Merrill Lynch Bank
  • Pinang Coal Indonesia
  • bp singapore
  • Enel Italy
  • Coal and Oil Company - UAE
  • TRAFIGURA, South Korea
  • Karbindo Abesyapradhi - Indoneisa
  • Binh Thuan Hamico - Vietnam
  • Kepco SPC Power Corporation, Philippines
  • Directorate Of Revenue Intelligence - India
  • PowerSource Philippines DevCo
  • Price Waterhouse Coopers - Russia
  • EIA - United States
  • Berau Coal - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Bukit Makmur.PT - Indonesia
  • The State Trading Corporation of India Ltd
  • AsiaOL BioFuels Corp., Philippines
  • GHCL Limited - India
  • SASOL - South Africa
  • Indian Energy Exchange, India
  • Shree Cement - India
  • Therma Luzon, Inc, Philippines
  • WorleyParsons
  • Mechel - Russia
  • Billiton Holdings Pty Ltd - Australia
  • Carbofer General Trading SA - India
  • Mitra SK Pvt Ltd - India
  • KEPCO - South Korea
  • Vale Mozambique
  • World Bank
  • Alfred C Toepfer International GmbH - Germany
  • Bangkok Bank PCL
  • SN Aboitiz Power Inc, Philippines
  • Semirara Mining and Power Corporation, Philippines
  • NALCO India
  • GB Group - China
  • Tata Power - India
  • Siam City Cement - Thailand
  • globalCOAL - UK
  • Chamber of Mines of South Africa
  • CoalTek, United States
  • Bahari Cakrawala Sebuku - Indonesia
  • Shenhua Group - China
  • Maybank - Singapore
  • Edison Trading Spa - Italy
  • Chettinad Cement Corporation Ltd - India
  • Salva Resources Pvt Ltd - India
  • Heidelberg Cement - Germany
  • Orica Australia Pty. Ltd.
  • Energy Development Corp, Philippines
  • Indian School of Mines
  • Total Coal South Africa
  • White Energy Company Limited
  • Coalindo Energy - Indonesia
  • Eastern Energy - Thailand
  • Ministry of Mines - Canada
  • Baramulti Group, Indonesia
  • Uttam Galva Steels Limited - India
  • VISA Power Limited - India
  • New Zealand Coal & Carbon
  • RBS Sempra - UK
  • Vizag Seaport Private Limited - India
  • J M Baxi & Co - India
  • Global Business Power Corporation, Philippines
  • Madhucon Powers Ltd - India
  • Meralco Power Generation, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Bulk Trading Sa - Switzerland
  • South Luzon Thermal Energy Corporation
  • Ministry of Finance - Indonesia
  • Dalmia Cement Bharat India
  • International Coal Ventures Pvt Ltd - India
  • Anglo American - United Kingdom
  • Samsung - South Korea
  • Globalindo Alam Lestari - Indonesia
  • TANGEDCO India
  • Runge Indonesia
  • PTC India Limited - India
  • McConnell Dowell - Australia
  • Altura Mining Limited, Indonesia
  • Interocean Group of Companies - India
  • Parliament of New Zealand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Tamil Nadu electricity Board
  • PNOC Exploration Corporation - Philippines
  • PLN - Indonesia
  • SMC Global Power, Philippines
  • Reliance Power - India
  • LBH Netherlands Bv - Netherlands
  • Kobe Steel Ltd - Japan
  • Aditya Birla Group - India
  • Trasteel International SA, Italy
  • Electricity Authority, New Zealand
  • Neyveli Lignite Corporation Ltd, - India
  • ICICI Bank Limited - India
  • SMG Consultants - Indonesia
  • Marubeni Corporation - India
  • Larsen & Toubro Limited - India
  • Mjunction Services Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Petrochimia International Co. Ltd.- Taiwan
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • OCBC - Singapore
  • Thai Mozambique Logistica
  • Mitsui
  • Wood Mackenzie - Singapore
  • IBC Asia (S) Pte Ltd
  • SUEK AG - Indonesia
  • Malabar Cements Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Standard Chartered Bank - UAE
  • Adaro Indonesia
  • TGV SRAAC LIMITED, India
  • Oldendorff Carriers - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Australian Coal Association
  • Aboitiz Power Corporation - Philippines
  • Wilmar Investment Holdings
  • ANZ Bank - Australia
  • Petron Corporation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Singapore Mercantile Exchange
  • SRK Consulting
  • BNP Paribas - Singapore
  • Commonwealth Bank - Australia
  • HSBC - Hong Kong
  • Borneo Indobara - Indonesia
  • KOWEPO - South Korea
  • Ernst & Young Pvt. Ltd.
  • Kideco Jaya Agung - Indonesia
  • TNPL - India
  • Cigading International Bulk Terminal - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Vedanta Resources Plc - India
  • Banpu Public Company Limited - Thailand
  • KPMG - USA
  • Infraline Energy - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Metalloyd Limited - United Kingdom
  • San Jose City I Power Corp, Philippines
  • UOB Asia (HK) Ltd
  • Sojitz Corporation - Japan
  • Bangladesh Power Developement Board
  • Inco-Indonesia
  • The Treasury - Australian Government
  • Platts
  • ING Bank NV - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Posco Energy - South Korea
  • McKinsey & Co - India
  • European Bulk Services B.V. - Netherlands
  • Bhoruka Overseas - Indonesia
  • Central Java Power - Indonesia
  • JPMorgan - India
  • Agrawal Coal Company - India
  • Thermax Limited - India
  • ETA - Dubai
  • Sarangani Energy Corporation, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • KPCL - India
  • Romanian Commodities Exchange
  • Maersk Broker
  • GNFC Limited - India
  • IMC Shipping - Singapore
  • Coal Orbis AG
  • Karaikal Port Pvt Ltd - India
  • Japan Coal Energy Center
  • Merrill Lynch Commodities Europe
  • NTPC Limited - India
  • Sindya Power Generating Company Private Ltd
  • JPower - Japan
  • Cosco
  • Ambuja Cements Ltd - India
  • Electricity Generating Authority of Thailand
  • U S Energy Resources
  • Mercator Lines Limited - India
  • The India Cements Ltd
  • Mintek Dendrill Indonesia
  • Formosa Plastics Group - Taiwan
  • GN Power Mariveles Coal Plant, Philippines
  • ASAPP Information Group - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Cebu Energy, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Malco - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Xindia Steels Limited - India
  • Inspectorate - India
  • Cardiff University - UK
  • Ceylon Electricity Board - Sri Lanka
  • The University of Queensland
  • Bank of China, Malaysia
  • Goldman Sachs - Singapore
  • Platou - Singapore
  • Straits Asia Resources Limited - Singapore
  • Clarksons - UK
  • IOL Indonesia
  • Georgia Ports Authority, United States
  • UBS Singapore
  • Grasim Industreis Ltd - India
  • Sical Logistics Limited - India
  • Gujarat Sidhee Cement - India
  • Maheswari Brothers Coal Limited - India
  • Coal India Limited
  • Permata Bank - Indonesia
  • Intertek Mineral Services - Indonesia
  • APGENCO India
  • Argus Media - Singapore
  • Africa Commodities Group - South Africa
  • Jorong Barutama Greston.PT - Indonesia
  • Videocon Industries ltd - India
  • Bank of America
  • World Coal - UK
  • MEC Coal - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Deutsche Bank - India
  • Indonesia Power. PT
  • Medco Energi Mining Internasional
  • Indonesian Coal Mining Association
  • Gujarat Electricity Regulatory Commission - India
  • London Commodity Brokers - England
  • Ince & co LLP
  • Rashtriya Ispat Nigam Limited - India
  • PLN Batubara - Indonesia
  • Riau Bara Harum - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • EMO - The Netherlands
  • Iligan Light & Power Inc, Philippines
  • GAC Shipping (India) Pvt Ltd
  • Kumho Petrochemical, South Korea
  • Essar Steel Hazira Ltd - India
  • Thailand Anthracite
  • Star Paper Mills Limited - India
  • Sakthi Sugars Limited - India
  • Xstrata Coal
  • Parry Sugars Refinery, India
  • CIMB Investment Bank - Malaysia
  • Sinarmas Energy and Mining - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Power Finance Corporation Ltd., India
  • Britmindo - Indonesia
  • Port Waratah Coal Services - Australia
  • Maharashtra Electricity Regulatory Commission - India
  • India Bulls Power Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Attock Cement Pakistan Limited
  • Idemitsu - Japan
  • Indogreen Group - Indonesia
  • Coeclerici Indonesia
  • Planning Commission, India
  • Russian Coal LLC
  • Arutmin Indonesia
  • Asia Cement - Taiwan
  • Rudhra Energy - India
  • Mercuria Energy - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • PetroVietnam
  • Barasentosa Lestari - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Thomson Reuters GRC
  • Mitsubishi Corporation
  • Noble Europe Ltd - UK
  • Indian Oil Corporation Limited
  • Simpson Spence & Young - Indonesia
  • Siam City Cement PLC, Thailand
  • Credit Suisse - India
  • Cement Manufacturers Association - India
  • MS Steel International - UAE
  • Makarim & Taira - Indonesia
  • Fearnleys - India
  • Semirara Mining Corp, Philippines
  • Qatrana Cement - Jordan
  • Timah Investasi Mineral - Indoneisa
  • Independent Power Producers Association of India
  • Freeport Indonesia