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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
 FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to supply material handling equipment to its coal mine in the Tanjung district of South Kalimantan, some 1000 km from the Indonesian capital, Jakarta.
The material handling equipment will be part of Adaro's expansion of its mining operations and will decrease the average hauling distance of the overburden trucking operations as well as reduce the company's dependency on oil. The contract comprises an out-of-pit overburden crushing and conveying system, consisting of FLSmidth ABON sizers, RAHCO overland conveyors, and RAHCO mobile stacking conveyors. The system has a capacity of 12,000 tonnes per hour and an annual overburden volume of 40 million bank cubic metres. The contractual elements regarding construction, supervision and management, as well as field service, will be supplied by FLSmidth Indonesia.
"This material handling contract is the first in Indonesia and reflects a growing market in the region, particularly in the minerals sector where mining companies are expanding. Being the first of its kind in Indonesia, the project will act as a catalyst for other potential orders in the region and for our participation in the continued expansion of Adaro's mining activities, which makes the contract significant for FLSmidth," Group CEO of FLSmidth Jørgen Huno Rasmussen comments.
Handling of overburden represents one of the major costs and challenges in connection with open-pit mining operations. As mining companies expand and increase the depth of their mines, the amount of overburden rises and the demand for handling and removal equipment grows. FLSmidth's conveying systems can help solve this issue as a technological, economical and environmental alternative to traditional transport methods. FLSmidth has long been working on this solution in collaboration with mining companies across the globe and the contract with Adaro is now paving the way for this technology in Indonesia.
"Adaro has increased its production every year since 1992 and we are now among the top five exporters of thermal coal in the world - and all from just one site. Overburden mining and haulage is one of our biggest challenges. In 2010 we hauled 226 M bank cubic metres of overburden, and this year we are planning to haul more than 290 M bank cubic metres. The equipment supplied by FLSmidth will increase the efficiency with which this large amount of overburden is transported and help secure Adaro's unbroken track record of continuous growth," said Mr. Garibaldi Boy Thohir, President Director of Adaro Energy.
Source: FLSmidth
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Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
Tuesday, 05 April 11
DRY BULK MARKET DOWN ON FIRST DAY OF SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market began the second quarter on a downward pattern, with the industry’s benchmark, the Baltic Dry Index (BDI) shedding 1.45 pe ...
Monday, 04 April 11
INDONESIA INTERNATIONAL CONFERENCE FOCUS ON INDONESIA'S ECONOMY (IICFIE) 2011 MASTER PLAN TO ACCELERATE THE ECONOMIC DEVELOPMENT
Press Release - Since couple of years, Indonesia's economy show impressive growth. What is the Indonesia's Economic Corridor and the Master plan t ...
Saturday, 02 April 11
TNPL CALLS FOR 160KT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure another 160,000 MT +/- 5 percent of Non-Coking imported C ...
Saturday, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. ...
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- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
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