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Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
 The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after lower-than-expected production in the first quarter, an association said Friday.
Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu said coal production in the first quarter of 2011 was 89 million tons, roughly the same as in the same period in 2010. He said this lower-than-expected result was due to bad weather.
“Actually we set a target to produce between 95 million and 96 million tons in the first quarter,” Bob said on the sidelines of a ceremony appointing three high ranking officials at the Energy and Mineral Resources Ministry.
Kamandanu said Indonesia had used 16 percent of the coal produced in the first quarter this year to fulfill domestic needs, and exported the rest at a price of US$140 per ton.
Indonesia, the world’s largest thermal coal exporter, produced 275 million tons of coal in 2010 and targets to increase production to 340 million tons in 2011, of which 20 percent will be allocated to fulfill domestic needs.
Separately, Energy and Mineral Resources Minister Darwin Zahedy Saleh said that Indonesia’s coal reserves would last another 80 years.
“We have 21.13 billion tons of coal reserves, which would last for about 80 years with a production rate of 275 million tons per year from mining,” he said.
He challenged the newly installed officials to accelerate the development of coal infrastructure.
The newly installed director general of minerals and coal, Thamrin Sihite, told reporters after the ceremony that the ministry had been inventorying 5,000 mining licenses (IUP), including those of coal producers, to identify overlapping licenses that had been issued by provincial and regional administrations.
“Some of the licenses are already registered. We inventoried licenses from Sumatra on Tuesday, Kalimantan on Wednesday, and Papua yesterday [Thursday],” he added.
When asked about how many licenses had been inventoried in total this week, Thamrin said he could not reveal the number because the process was not finished.
“We will inform you later as we finish inventorying licenses from other regions,” he said.
He said many of the overlapping licenses were found in Kalimantan.
Other officials appointed on Friday were Mochamad Teguh Pramuji as head of the ministry’s training center, replacing Thamrin, and Ronggo Kuncahyo as an expert staff on communication and society, replacing Teguh. (msa)
Source: The Jakarta Post
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Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...
Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...
Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy
The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...
Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
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- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Australian Coal Association
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Sojitz Corporation - Japan
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