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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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Friday, 12 November 10
BANPU'S NET PROFIT HAS INCREASED 249 PERCENT IN 3Q 2010 COMPARED TO THE SAME PERIOD LAST YEAR
COALspot.com: Banpu Public Company Limited (BANPU) reports its financial performance for the third quarter 2010, posting a net profit of THB 13,293 ...
Friday, 12 November 10
DRY BULK MARKET STILL ON A FREEFALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market failed to show any signs of life this week, with the Baltic Dry Index (BDI) still being on the red, now stretching more than 11 ...
Thursday, 11 November 10
KOMIPO WANTS 400KT OF SUB BITUMINOUS COAL
COALspot.com : Korea Midland Power Co. Ltd. (KOMIPO) is looking for 400,000 MT of sub bituminous coal through International open bidding. The delive ...
Wednesday, 10 November 10
NTPC TO IMPORT 12 MILLION TONS OF COAL IN 2011
COALspot.com: India's State Trading Corp Ltd a public sector Govt of India co. is looking for 12 million tones (+/- 2%) of imported coal for NTPC. ...
Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
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- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- McConnell Dowell - Australia
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Australian Coal Association
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
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