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

Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...


Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...


Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...


Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...


Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release -  Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing  the international gathering ...


   1089 1090 1091 1092 1093   
Showing 5451 to 5455 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 ...

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