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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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Saturday, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over ...
Friday, 19 November 10
WE'LL THINK ABOUT COAL TOMORROW - ANALYSIS
The future of coal generation in Russia is in question. The largest energy companies have abandoned their initial plans to switch their therma ...
Friday, 19 November 10
DRY BULK MARKET ON THE ROPES WITH BDI PLUNGING TO 2,164 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the panamax markets suffering the most this week, but a ray of hope for the capesize market, which appears to be stabilizing after days of fall ...
Thursday, 18 November 10
WORLD COAL ASSOCIATION WELCOMES NEW CHAIRMAN & SHENHUA GROUP AS NEW MEMBER 17 NOVEMBER 2010
Press Release – The premier global coal industry association marks its 25th anniversary with a new Chairman and welcomes China’s lar ...
Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
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- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
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