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

Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...


Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...


Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...


Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore” Press Release - K ...


Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...


   1074 1075 1076 1077 1078   
Showing 5376 to 5380 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 ...

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