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
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA


Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13.64% rise compared to around 22 million tons in 2010.

Edward Manurung, ITMG's finance director, said the additional coal production will come from subsidiaries PT Indominco Mandiri, PT Trubaindo Coal Mining, PT Jorong Barutama Greston, PT Kitadin Embalut and PT Bharinto Ekatama.

The company allocates capital expenditure (capex) of US$110 million for this year funded by internal cash and bond issue or possible bank loan options should the funds be insufficient.

In efforts to cut cost, ITM has conducted efficiency measures, including the development of a coal powered electricity plant to reduce dependency on diesel fuel.

Roslini Onwardi, ITMG's corporate secretary, said the capex will be used for funding haul road development, land acquisition and heavy equipment acquisition.

ITMG currently has six operating areas, five of them are located in East Kalimantan. One operating area is located in South Kalimantan. It has total coal concession of 87,565 hectares.

ITM’s coal reserve estimated stood at 1,650 million tons with reserve of 294 million tons based on Dec 2009 data.

The Bharinto mine is slated to commence operation in the 2nd half of 2011. It has obtained a forest area license permit from the Forestry Ministry, however it is awaiting the forest clearance permit.

The company is also planning to increase Indominco’s East Block up to 12 million tons by 2015.

PT Kitadin Tandung Mayang will restart production by the second half of 2011. The 2,338 hectare mine produces 6,800 kcal sub-bituminus coal with sulfuric content of 1.5%.
Source: Bisnis Indonesia



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...


Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...


Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...


Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...


Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...


   1070 1071 1072 1073 1074   
Showing 5356 to 5360 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 ...

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