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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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Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
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- Aditya Birla Group - India
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- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
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- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
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- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- MS Steel International - UAE
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- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
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- Goldman Sachs - Singapore
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- Kumho Petrochemical, South Korea
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- Electricity Authority, New Zealand
- McConnell Dowell - Australia
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- Singapore Mercantile Exchange
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- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
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- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- White Energy Company Limited
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
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- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
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- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
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- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
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- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Independent Power Producers Association of India
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- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Samtan Co., Ltd - South Korea
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