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Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
 One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of poor-quality coal, miners plan to invest in a project that would boost the quality of their low-grade coal for shipment overseas to avoid losing money, an association said.
The post further reported, the government wants the local industry to add value to low-ranked coal, which is typically used to fuel power plants, and turn it into high-grade coal in order to boost revenue. The miners must invest between $70 million to $80 million to build a facility to raise the quality of their coal, Supriatna Suhala, director executive of the Indonesian Coal Mining Association (APBI), said.
The state will begin to implement a 2009 regulation that will prohibit low-ranked coal to be exported and encourage companies to produce environment-friendly coal products.
“The miners would suffer a big loss unless they invest more to build the technology to raise the coal’s calories,” Supriatna said last week. The APBI represents 240 companies including Bumi Resources, the nation’s largest coal producer.
High-grade coal has a lower moisture content, is more fuel-efficient and has fewer pollutants than its low-grade counterpart. It typically has 6,100 kilo calories.
In order to increase the quality of the coal, mining companies would have to build a smelter, which is used in the industry to remove coal’s water content and increase its calories.
According to Rudi Vann, a researcher from energy consultants Wood Mackenzie, the use of coal upgrading technology such as a smelter increases the caloric content of coal by 24 percent. The coal’s price would increase about 45 percent.
Indonesia could export as much as 276 million tons of coal this year, most of it low-calorie coal shipped to India and China, APBI said. It forecast that Indonesia can produce as much as 354 million tons this year.
State utility Perusahaan Listrik Negara consumes approximately 50 million tons, which has about 4,200 kilo calories.
Deddy Saleh, director general of foreign trade at the Trade Ministry, said the government will increase the export tax for raw-mining products, including low-calorie coal, in 2014.
The rule will be implemented gradually, giving miners time to build the smelter upgrading factory, Deddy said.
Source: The Jakarta Globe (By - Ririn Radiawati Kusuma)
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Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
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- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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