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, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...


Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...


Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...


Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...


Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...


   1112 1113 1114 1115 1116   
Showing 5566 to 5570 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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