COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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 as it tries to meet growing demand from China, a company official said on Friday.

Bob Kamandanu, Berau’s commissioner and the chairman of the Indonesian Coal Mining Association (APBI), said Berau signed a five-year deal with Huaneng Power International and a three-year contract with Zhushui Energy Resource Group. It will sell 1.5 million tons of coal annually to each company, as quoted by paper.

“Coal demand from China is growing significantly, and Chinese companies are mainly looking for long-term contracts,” Kamandanu said on Friday.

Huaneng Power is China’s largest electricity producer, while Zhushui focuses on coal imports.

Indonesia’s coal output is expected to climb this quarter after wet weather in the first quarter saw it drop to 89 million tons. Kamandanu said output should increase to 95 million tons in the second quarter before falling back to 85 million tons in the following two quarters.

The dry season is expected to start in most areas in Indonesia around May or June, offering a timely boost to the country’s agricultural and mineral sectors.

“Higher production would go into the export market, but the weather has been very unpredictable over the past few years so it’s hard to say if there will be enough dry months ahead for miners to be able to ramp up production,” a Singapore-based trader said.

Global coal prices only saw a limited sell-off this week despite a rout in other commodities, and the market’s strength is backed up by producers and traders saying rising output from Indonesia, the world’s top thermal coal exporter, is being soaked up by India and China.

Full-year production is expected to hit 354 million tons, higher than the APBI’s earlier forecast of 340 million tons, which Kamandanu said on Friday was conservative, and follows production of 310 million tons last year. The APBI forecast in April the country’s exports would be between 260 million and 270 million tons in 2011, but traders said the final export numbers could be higher if production reaches 354 million tons.

Kamandanu said Berau planned to spend $100 million to produce 20.5 million tons of coal this year, up 19.8 percent from last year. The coal miner sells most of its output to China and South Korea, with China accounting for 25 percent of its coal sales and South Korea making up 16 percent.
Source:
The Jakarta Globe (Ririn Radiawati Kusuma & Reuters )



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 20 April 11
TNPL SECURED 160K MT OF COAL WITH CALORIFIC VALUE 6000 GAD AT US$ 93.44 PMT
COALspot.com - Delhi based Knowledge Infrastructure Systems Pvt. Ltd once again offered the lowest price of US$ 93.44 per metric ton for calorific v ...


Wednesday, 20 April 11
TSI LAUNCHES GEO-COAL UPGRADING TECHNOLOGY
Simple yet effective process boosts calorific value of low rank coal to provide lower cost energy across the world. Press Release - Total Sinergy ...


Wednesday, 20 April 11
ADARO TO PAY OUT RP 970B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, the annual shareholders meeting of coal producer PT Adaro Energy on Wednesday agreed on the disbursement of Rp 970.7 ...


Wednesday, 20 April 11
INDIA IMPORTS MORE COAL FROM INDONESIA
COALspot.com -  Indonesian coal exports jumped 23.31 percent  during March 2011. The world’s largest coal exporter shipped  27, ...


Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...


   1058 1059 1060 1061 1062   
Showing 5296 to 5300 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • J M Baxi & Co - India
  • Barasentosa Lestari - Indonesia
  • Baramulti Group, Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Siam City Cement PLC, Thailand
  • Directorate Of Revenue Intelligence - India
  • World Coal - UK
  • globalCOAL - UK
  • Ministry of Mines - Canada
  • McConnell Dowell - Australia
  • ANZ Bank - Australia
  • European Bulk Services B.V. - Netherlands
  • Metalloyd Limited - United Kingdom
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • JPMorgan - India
  • Indian School of Mines
  • Malco - India
  • Tata Chemicals Ltd - India
  • Energy Development Corp, Philippines
  • Power Finance Corporation Ltd., India
  • Port Waratah Coal Services - Australia
  • Asia Cement - Taiwan
  • Kepco SPC Power Corporation, Philippines
  • Central Electricity Authority - India
  • Formosa Plastics Group - Taiwan
  • New Zealand Coal & Carbon
  • Economic Council, Georgia
  • Orica Mining Services - Indonesia
  • Reliance Power - India
  • JPower - Japan
  • Neyveli Lignite Corporation Ltd, - India
  • Petrosea - Indonesia
  • Medco Energi Mining Internasional
  • Banpu Public Company Limited - Thailand
  • Deloitte Consulting - India
  • Agrawal Coal Company - India
  • The India Cements Ltd
  • Directorate General of MIneral and Coal - Indonesia
  • TeaM Sual Corporation - Philippines
  • BNP Paribas - Singapore
  • CIMB Investment Bank - Malaysia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bank of America
  • Japan Coal Energy Center
  • TNB Fuel Sdn Bhd - Malaysia
  • Mercator Lines Limited - India
  • Sarangani Energy Corporation, Philippines
  • Thai Mozambique Logistica
  • APGENCO India
  • PTC India Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Malabar Cements Ltd - India
  • Clarksons - UK
  • Qatrana Cement - Jordan
  • Moodys - Singapore
  • Meralco Power Generation, Philippines
  • Thomson Reuters GRC
  • Standard Chartered Bank - UAE
  • Rashtriya Ispat Nigam Limited - India
  • Antam Resourcindo - Indonesia
  • Cemex - Philippines
  • Bhatia International Limited - India
  • KPCL - India
  • Merrill Lynch Bank
  • Ince & co LLP
  • Vitol - Bahrain
  • Intertek Mineral Services - Indonesia
  • SMC Global Power, Philippines
  • Panama Canal Authority
  • White Energy Company Limited
  • Indian Energy Exchange, India
  • Bhushan Steel Limited - India
  • Salva Resources Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • Wilmar Investment Holdings
  • Aditya Birla Group - India
  • Heidelberg Cement - Germany
  • Vale Mozambique
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Gujarat Sidhee Cement - India
  • Thriveni
  • IEA Clean Coal Centre - UK
  • IMC Shipping - Singapore
  • Platts
  • Tata Power - India
  • KPMG - USA
  • Eastern Energy - Thailand
  • PetroVietnam
  • Kobe Steel Ltd - Japan
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Latin American Coal - Colombia
  • Asmin Koalindo Tuhup - Indonesia
  • TGV SRAAC LIMITED, India
  • Electricity Generating Authority of Thailand
  • Infraline Energy - India
  • Rio Tinto Coal - Australia
  • Iligan Light & Power Inc, Philippines
  • CoalTek, United States
  • Bangladesh Power Developement Board
  • Thermax Limited - India
  • SMG Consultants - Indonesia
  • Lanco Infratech Ltd - India
  • Peabody Energy - USA
  • Indo Tambangraya Megah - Indonesia
  • Humpuss - Indonesia
  • IOL Indonesia
  • Britmindo - Indonesia
  • RBS Sempra - UK
  • Holcim Trading Pte Ltd - Singapore
  • Sree Jayajothi Cements Limited - India
  • EIA - United States
  • Leighton Contractors Pty Ltd - Australia
  • Mjunction Services Limited - India
  • Rudhra Energy - India
  • Inco-Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Xstrata Coal
  • Noble Europe Ltd - UK
  • KEPCO - South Korea
  • Coal and Oil Company - UAE
  • Orica Australia Pty. Ltd.
  • LBH Netherlands Bv - Netherlands
  • Cargill India Pvt Ltd
  • TRAFIGURA, South Korea
  • Ceylon Electricity Board - Sri Lanka
  • Semirara Mining and Power Corporation, Philippines
  • U S Energy Resources
  • Tanito Harum - Indonesia
  • Indorama - Singapore
  • CNBM International Corporation - China
  • Sinarmas Energy and Mining - Indonesia
  • Mercuria Energy - Indonesia
  • Cement Manufacturers Association - India
  • Ernst & Young Pvt. Ltd.
  • Thailand Anthracite
  • NTPC Limited - India
  • Argus Media - Singapore
  • Straits Asia Resources Limited - Singapore
  • Tamil Nadu electricity Board
  • Russian Coal LLC
  • Ministry of Transport, Egypt
  • Anglo American - United Kingdom
  • TNPL - India
  • Jatenergy - Australia
  • Cebu Energy, Philippines
  • Edison Trading Spa - Italy
  • Dalmia Cement Bharat India
  • Merrill Lynch Commodities Europe
  • CESC Limited - India
  • GHCL Limited - India
  • PLN - Indonesia
  • MEC Coal - Indonesia
  • Samsung - South Korea
  • Cosco
  • Shenhua Group - China
  • Deutsche Bank - India
  • Larsen & Toubro Limited - India
  • Global Green Power PLC Corporation, Philippines
  • TANGEDCO India
  • Simpson Spence & Young - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Kalimantan Lumbung Energi - Indonesia
  • Adaro Indonesia
  • PNOC Exploration Corporation - Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Attock Cement Pakistan Limited
  • Enel Italy
  • Permata Bank - Indonesia
  • The Treasury - Australian Government
  • Karbindo Abesyapradhi - Indoneisa
  • Indonesia Power. PT
  • Coeclerici Indonesia
  • Chamber of Mines of South Africa
  • Aboitiz Power Corporation - Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Idemitsu - Japan
  • Kapuas Tunggal Persada - Indonesia
  • Bank of China, Malaysia
  • Maharashtra Electricity Regulatory Commission - India
  • Oldendorff Carriers - Singapore
  • ACC Limited - India
  • Mitsui
  • GMR Energy Limited - India
  • ASAPP Information Group - India
  • UBS Singapore
  • Savvy Resources Ltd - HongKong
  • Africa Commodities Group - South Africa
  • Barclays Capital - USA
  • Kobexindo Tractors - Indoneisa
  • Coastal Gujarat Power Limited - India
  • Makarim & Taira - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Gresik Semen - Indonesia
  • Wood Mackenzie - Singapore
  • Cardiff University - UK
  • Coal India Limited
  • San Jose City I Power Corp, Philippines
  • Jindal Steel & Power Ltd - India
  • Minerals Council of Australia
  • GVK Power & Infra Limited - India
  • Arutmin Indonesia
  • London Commodity Brokers - England
  • Geoservices-GeoAssay Lab
  • Kaltim Prima Coal - Indonesia
  • BRS Brokers - Singapore
  • Energy Link Ltd, New Zealand
  • Bangkok Bank PCL
  • McKinsey & Co - India
  • Global Coal Blending Company Limited - Australia
  • Mitsubishi Corporation
  • Videocon Industries ltd - India
  • Asian Development Bank
  • Sucofindo - Indonesia
  • Samtan Co., Ltd - South Korea
  • Alfred C Toepfer International GmbH - Germany
  • Siam City Cement - Thailand
  • SN Aboitiz Power Inc, Philippines
  • bp singapore
  • Freeport Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Essar Steel Hazira Ltd - India
  • Riau Bara Harum - Indonesia
  • Total Coal South Africa
  • Jorong Barutama Greston.PT - Indonesia
  • Australian Commodity Traders Exchange
  • PetroVietnam Power Coal Import and Supply Company
  • Planning Commission, India
  • EMO - The Netherlands
  • Sical Logistics Limited - India
  • Lafarge - France
  • DBS Bank - Singapore
  • Vedanta Resources Plc - India
  • GNFC Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Altura Mining Limited, Indonesia
  • Petron Corporation, Philippines
  • Maybank - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Fearnleys - India
  • Indian Oil Corporation Limited
  • Georgia Ports Authority, United States
  • Adani Power Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • SASOL - South Africa
  • Gujarat Mineral Development Corp Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Timah Investasi Mineral - Indoneisa
  • ETA - Dubai
  • Chettinad Cement Corporation Ltd - India
  • Credit Suisse - India
  • Sakthi Sugars Limited - India
  • GB Group - China
  • Mechel - Russia
  • Romanian Commodities Exchange
  • Parry Sugars Refinery, India
  • Mintek Dendrill Indonesia
  • Electricity Authority, New Zealand
  • Goldman Sachs - Singapore
  • Ministry of Finance - Indonesia
  • Star Paper Mills Limited - India
  • Jaiprakash Power Ventures ltd
  • OPG Power Generation Pvt Ltd - India
  • Central Java Power - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Independent Power Producers Association of India
  • SGS (Thailand) Limited
  • Indika Energy - Indonesia
  • Core Mineral Indonesia
  • Karaikal Port Pvt Ltd - India
  • Shree Cement - India
  • Grasim Industreis Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Therma Luzon, Inc, Philippines
  • Coalindo Energy - Indonesia
  • PLN Batubara - Indonesia
  • Marubeni Corporation - India
  • Runge Indonesia
  • SUEK AG - Indonesia
  • Xindia Steels Limited - India
  • Carbofer General Trading SA - India
  • The State Trading Corporation of India Ltd
  • Semirara Mining Corp, Philippines
  • Sindya Power Generating Company Private Ltd
  • Gupta Coal India Ltd
  • Platou - Singapore
  • CCIC - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • SRK Consulting
  • HSBC - Hong Kong
  • Thiess Contractors Indonesia
  • Parliament of New Zealand
  • Bukit Makmur.PT - Indonesia
  • KOWEPO - South Korea
  • Berau Coal - Indonesia
  • Commonwealth Bank - Australia
  • Maheswari Brothers Coal Limited - India
  • Inspectorate - India
  • Price Waterhouse Coopers - Russia
  • Ambuja Cements Ltd - India
  • UOB Asia (HK) Ltd
  • Binh Thuan Hamico - Vietnam
  • Global Business Power Corporation, Philippines
  • ING Bank NV - Singapore
  • ICICI Bank Limited - India
  • Trasteel International SA, Italy
  • Madhucon Powers Ltd - India
  • Maruti Cements - India
  • IHS Mccloskey Coal Group - USA
  • Pinang Coal Indonesia
  • PowerSource Philippines DevCo
  • Eastern Coal Council - USA
  • Coaltrans Conferences
  • Mitra SK Pvt Ltd - India
  • Uttam Galva Steels Limited - India
  • Maersk Broker
  • NALCO India
  • GAC Shipping (India) Pvt Ltd
  • Australian Coal Association
  • Ind-Barath Power Infra Limited - India
  • OCBC - Singapore
  • Bhoruka Overseas - Indonesia
  • The University of Queensland
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bulk Trading Sa - Switzerland
  • South Luzon Thermal Energy Corporation
  • Posco Energy - South Korea
  • Bharathi Cement Corporation - India
  • Bukit Baiduri Energy - Indonesia
  • VISA Power Limited - India
  • Coal Orbis AG
  • IBC Asia (S) Pte Ltd
  • World Bank
  • WorleyParsons
  • Singapore Mercantile Exchange
  • Interocean Group of Companies - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • India Bulls Power Limited - India
  • Glencore India Pvt. Ltd
  • Renaissance Capital - South Africa
  • Vizag Seaport Private Limited - India
  • Borneo Indobara - Indonesia
  • Indonesian Coal Mining Association
  • Arch Coal - USA
  • Indogreen Group - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Sojitz Corporation - Japan
  • Surastha Cement
  • Kideco Jaya Agung - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • MS Steel International - UAE
  • Miang Besar Coal Terminal - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India