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

Saturday, 18 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...


Saturday, 18 February 23
2023 MARINE FUEL MARKET PREDICTIONS - JOHN BERGMAN, AURAMARINE
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fas ...


Saturday, 28 January 23
COAL GROWTH BLIP NOT TO BE REPEATED - BALTIC EXCHANGE
As 2022 drew to a close, global coal demand looked set to end the year just 1.2% up on the previous year. But that small increase was enough to pus ...


Thursday, 26 January 23
CHINA'S COAL OUTPUT INCREASES IN DECEMBER 2022 - XINHUA
China’s raw coal output posted stable expansion in December 2022, official data showed.   The country produced 400 million tonne ...


Thursday, 26 January 23
COKING COAL NARROWS THE GAP ON THERMAL AS CHINA REOPENS - REUTERS
The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Austra ...


   27 28 29 30 31   
Showing 141 to 145 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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