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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.
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)
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Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of S ...
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- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
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