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, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...


Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...


Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...


Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...


Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...


   31 32 33 34 35   
Showing 161 to 165 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 ...

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