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Friday, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
 As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase compare to 40.59 million tons in the 2009. The 2010's coal production reached 94 percent of its target of 45 million tons despite rainfall and number of rain days.
In an official statement submitted to Indonesia Stock Exchange (IDX), Adaro has reported that, production from the new Wara pit was less affected as it is in the initial stages of development and benefited from a low overburden stripping ratio.
Insider stories further reported that, Adaro's coal sales volume increased 6 percent to 43.84 million tons last year from 41.40 million tons in the previous year. These sales includes the third party coal sales sold by Coaltrade of 1.39 million tons and Envirocoal-Wara of 2.05 million tons.
The miner plans to ramp up production to 46 million tons-48 million tons of coal, including 4 million tons-5 million tons of Envirocoal-Wara in this year. This new product continues to receive strong demand from countries such as India, China, South Korea, and Indonesia.
Coal mining & overburden
PT Pamapersada Nusantara, a wholly owned subsidiary of PT United Tractors Tbk (UNTR), was responsible for 39 percent of Adaro Indonesia’s coal last year. PT Bukit Makmur Mandiri Utama (BUMA), a wholly owned subsidiary of PT Delta Dunia Makmur Tbk (DOID) and PT Rahman Abdijaya (RAJ) were responsible for 19 percent and 14 percent respectively. Slightly less than 2009, Adaro Energy’s subsidiary PT Saptaindra Sejati (SIS) managed 25 percent of the total while Adaro Indonesia itself handled 1%.
PT Rante Mutiara Insani (RMI) assisted in the development of the Envirocoal-Wara pit and contributed 2 percent of Adaro Indonesia’s coal production. In 2010, Pamapersada handled 40 percent of Adaro’s overburden, while BUMA, RAJ, RMI and Adaro Indonesia handled 19%, 8%, 2% and 1% respectively.
SIS handled 30percent, a similar portion as the 31% handled in 2009.
Despite the wet conditions, overburden removal increased 10 percent in 4Q10 to 60.35 million bank cubic meter (bcm). The average overburden removal per day was 710,000 bcm, 616,000 bcm and 648,000 bcm in October, November and December, respectively last year. A new daily production overburden record of 915,000 bcm was set on October 23rd.
In 2010, overburden removal increased 8% to 226 million bcm, however due primarily to the impact of wet weather Adaro’s contractors achieved only 88% of the plan. The rate of increase was well below the 31% increase in 2009, indicating the impact of not having a dry season in 2010. Reported by Insider Stories
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Friday, 11 February 11
DRY BULK MARKET HEATING UP ON FRESH CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is on a high this week, with owners of smaller vessels turning their attention towards the spot market, in order to take advanta ...
Thursday, 10 February 11
SUPRA RATES IMPROVED A LITTLE OVER US$ 6K BSS N. CHINA DELIVERY FOR INDO-INDIA AND THAILAND ROUNDS - FEARNBULK
Handy
Atl is still weak with little fresh enquiry and an accumulation of spot tonnage.Owners are reluctant to send tonnage thru Suez due to uncert ...
Thursday, 10 February 11
BUKIT ASAM EXPECTS ABOVE RP 3 TRIO PROFIT
The state-owned coal miner PT Tambang Bukit Asam Tbk (PTBA) expects to reach 2011's net profit above Rp 3 trillion (US$ 336,322,568) from above Rp2 ...
Wednesday, 09 February 11
INDONESIA ALLOWED 60 COAL TRADING COMPANIES TO EXPORT COAL
COALspot.com - A temporary ban imposed on coal traders in January has lifted this week. As of today 60coal trading companies were allowed to resume ...
Tuesday, 08 February 11
INDIA'S SIMHAPURU TARGETS S.AFRICAN COAL - ECONOMIC TIMES
Economic Times reported that, India's Simhapuri Energy , a unit of the Madhucon Group , wants to buy new or existing collieries in South Africa fro ...
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- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
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