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

Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...


Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...


Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...


Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...


Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site,  Challenger Deep Res ...


   1110 1111 1112 1113 1114   
Showing 5556 to 5560 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 ...

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