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Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its annual production of 500,000 metric tons of low-grade coal with Geo-Coal technology after the completion of its US$5 million mine-site commercial plant in Tamiang Layang, Central Kalimantan, by the end of this June.
“After the operation of the first plant, we are planning to build a second one by the end of this year and aim to produce 1 million metric tons per annum with a total investment $10 million,” Agritrade chief operating officer Ng Xinwei said Wednesday.
Ng hoped that with the Geo-Coal process, the company could produce Geo-Lite coal containing approximately 4,800 to 5,700 kilocalories (kcal) worth around $95-$105 per ton.
The company currently produces low-grade coal containing 4,000 kcal worth around $50 per ton.
Ng said the company planned to export 60 percent of its product to China and India, while the remaining 40 percent would be sold domestically.
According to the Indonesian Coal Mining Association (APBI), Indonesian coal miners expect to produce 340 million tons this year, an increase of 23 percent from 275 million tons last year. Twenty percent of that amount – around 70 million tons – will be allocated to fulfill domestic demand, while the remaining 80 percent will be exported.
TSI president director Harsudi Supandi said state electricity firm PT PLN would use his company’s upgraded coal for its 2x300 megawatt power generation plant in Labuan, Banten.
According to Harsudi, who is also the Geo-Coal founder, Geo-Coal processes raw brown coal with superheated steam, removing 60 to 80 percent of the moisture and increasing the energy content of the initial low-grade coal feedstock by 50 to 100 percent.
Geo-Coal technology also maintains the inherently low sulphur and ash levels of the low-grade coal feedstock, helping power generation plants meet today’s strict emissions standards.
The Geo-Coal upgrading process consists of five steps: the run-of-mine (ROM) coal preparation process, coal crushing process, drying process, setting process and cooling process.
Harsudi said that a successful coal upgrading process had to be economical.
“The total operating cost [including mining, upgrading, delivery and tax] is around $26-$30 per ton,” he said at Geo-Coal’s launching ceremony at the Grand Hyatt hotel in Central Jakarta. (drs)
Source: The Jakarta Post
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Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
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- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
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