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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
 The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, global coal demand will increase at a rate of 600,000 tons per day, mostly driven by a surging power generation in emerging economies.
The agency says the rapid growth is a reminder of the challenges in making the global energy system more sustainable and environmentally friendly.
Responding to the prediction, the government of Indonesia, the largest exporter of thermal coal in the world, revealed that it would not boost production to catch up with the growing demand, saying that conservation and environmental protection were more important priorities for the country.
“We’re not proud of being one of the largest coal exporters and we want to maintain the balance for the sake of our future,” said Thamrin Sihite, the director general for minerals and coal at the Energy and Mineral Resources Ministry, in Jakarta on Wednesday.
He continued that the government would not in the near future be issuing explicit limitations on coal production; but it would, however, be aiming to control production activities from mining companies’ expenditure plans (RKB). The government might reject production plans that are too excessive, he added.
In 2012, the government is aiming for a production target of 332 million tons, while the Indonesian Coal Mining Association (APBI) calculates that the volume could reach up to 380 million tons after taking into account output in 2011, which is estimated to reach 360 million tons by the end of this year.
The APBI shares the same opinion as the government: that an increasing global demand for coal does not force Indonesia to ramp up production, as there are 70 other countries in the world that also have coal reserves.
“Most of the countries can’t expand their production due to problems in infrastructure; particularly countries like Mozambique, Angola and the former Soviet Union countries,” Supriatna Suhala, executive director of the APBI, told The Jakarta Post.
If Indonesia limited its exports, coal prices would rise and make expansion of production in those countries economical, he explained. Now, the price of coal was affordable due to exports from countries whose coal reserves were close to coastal areas, like Indonesia, he said.
“But, it’s up to the government whether we want to halt a production increase for conservation or boost exports to seek revenue. As long as there is no prohibition, mining companies will continue to expand their production,” Supriatna emphasized.
Source: The Jakarta Post
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Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
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Showing 5446 to 5450 news of total 6871 |
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- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- White Energy Company Limited
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
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