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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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Friday, 04 March 11
IRON ORE FROM INDIA HAS BEEN QUIET
Handy
Activity has been gradually rising in the Atlantic but it is mostly confined to the USG market. Short period basis redelivery Atlantic has b ...
Thursday, 03 March 11
TNPL INDIA LOOKING FOR 160,000 MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. is seeking to import 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calo ...
Wednesday, 02 March 11
MIXED FORTUNES FOR DRY BULK OWNERS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the dry bulk market has been on the positive side this week, things still look quite uncertain in the near term, with most owners puzzled a ...
Wednesday, 02 March 11
INDIA, 2ND LARGEST IMPORTER OF INDONESIAN COAL IN 2010
COALspot.com: Indonesia, the world largest coal exporter, shipped 24.68 million tons of coal in January 2011, which was 1.19 percent higher Y-o- ...
Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
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- Minerals Council of Australia
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- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
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- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
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- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
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- SMG Consultants - Indonesia
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- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
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- Petron Corporation, Philippines
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- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
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- Siam City Cement PLC, Thailand
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- Singapore Mercantile Exchange
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- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- The Treasury - Australian Government
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- Aboitiz Power Corporation - Philippines
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- Tamil Nadu electricity Board
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- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
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- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
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- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Planning Commission, India
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- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Bangladesh Power Developement Board
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- Ministry of Transport, Egypt
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- Attock Cement Pakistan Limited
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- Africa Commodities Group - South Africa
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- Economic Council, Georgia
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- Chamber of Mines of South Africa
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- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
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