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

Monday, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct. The BDI and Cape Size index was down ...


Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...


Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...


Thursday, 04 November 10
CAPE SIZE SENTIMENT FOR THIS WEEK WAS NEGATIVE - FEARNBULK
Handy The  Atlantic  markets  remain  flat  and  lackluster.  High  volume  of  tonnage availabi ...


   1106 1107 1108 1109 1110   
Showing 5536 to 5540 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 ...

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