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
Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE


The Jakarta Globe  reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to rise, according to the Indonesian Coal Mining Association.

Supriatna Suhala, executive director of the association, also known as the APBI, said the country’s coal production may reach 360 million tons this year, 6 percent more than the association’s original target of 340 million tons.

The country’s coal miners produced 300 million tons of coal last year, less than their original target of 320 million tons.

Unseasonably heavy rains generated by the La Nina climate phenomeon were widely blamed for disrupting all areas of mining, including coal and tin, two of Indonesia’s top exports.

“Coal prices keep increasing. This triggers coal miners to boost their production,” Suhala said on Monday. The association’s coal production target differs from that of the government, which set projected coal production at 275 million tons.

As of Friday, coal prices stood at $129.6 per ton, up slightly from the previous week’s price of $129.48 per ton, according to the Australian Newcastle Thermal Coal Index, which serves as a benchmark for Asia.

Suhala said coal prices would remain steady above $120 per ton this year. “As long as the economic condition keeps getting better, coal prices will keep steady at those levels,” he said.

He also said he expected demand for exports to grow, with demand from India and China projected to increase 15 percent as their economies grow at an 8 percent clip.

In light of Japan’s devastating earthquake and tsunami on Friday and the subsequent power shortages, Suhala said coal exports to Japan would increase as five nuclear power plants have been shut down following the disaster. Indonesia exports 45 million tons of coal to Japan annually, making it the top destination for Indonesian coal.

As of the first quarter this year, Suhala said, Indonesian coal miners produced an anticipated 80 million tons of coal, or around 22 percent of the total target of 360 million tons this year.

La Nina is not expected to affect coal production targets this year, he continued. “Weather is no longer a problem this year,” Suhala said.

Berau Coal, one of the country’s biggest coal miners, said coal production in the first quarter should remain on target for 5 million tons, according to Singgih Widagdo, a spokesman for Berau Coal.

“We are expecting to produce 20 million tons for the whole year,” Singgih told reporters on Monday. The company’s production so far is 12.5 percent of last year’s 17.5 million tons, he said.

Indonesia is home to several coal miners, including Bumi Resources, the world leader in thermal coal exports.
Source: The Jakarta Globe
(By:Ririn Radiawati Kusuma)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...


Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...


Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world. Press Release - Total Sinergy ...


Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...


Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
COALspot.com -  Indonesian coal exports jumped 23.31 percent  during March 2011. The world’s largest coal exporter shipped  27, ...


   1058 1059 1060 1061 1062   
Showing 5296 to 5300 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 ...

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