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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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Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...
Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...
Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...
Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...
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- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
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