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Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The increase in production was driven by the higher price trend and the higher demand triggered producers ramped up production.
Executive Director of Indonesian Coal Mining Association Suhala Supriatna said, the realization of coal production this year expected to exceed the government's forecasts of 340 million tons. "Production in 2011 will be higher than the target, and may reach at least 340 million to 360 million tonnes," he explained.
He also said that, the production increase was driven by a higher price for Indonesian coal and higher demand. After the accident at a nuclear power plant (NPP) in Japan, coal demand continues to rising. In fact, in the next 20 years, coal will play major roll to replace nuclear energy in Asian countries.
This year's coal price for coal with calorific value 6300-6500 have reached around US$ 120 per ton. This figure is much higher than last year's price of US$ $ 90/ton. " Due to higher price and demand, most of coal producers are planning to increase their production," he added.
Indonesian has already produced about 170 million tons of coal till end June 2011.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Agrawal Coal Company - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- PTC India Limited - India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
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