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Tuesday, 25 February 14
GBCE, A COAL UPGRADING TECHNOLOGY DEVELOPER, APPOINTS RICHARD BULMAN AS PROJECT DIRECTOR
 Press Release: GB Clean Energy Ltd. (GBCE) announced today the appointment of Richard Bulman as Project Director. In this capacity Mr. Bulman will have overall responsibility for coordinating the design, construction and operation of GBCE's LiMaxTM coal upgrading plants in Indonesia. Mr. Bulman previously managed coal preparation and quality management for coal projects in Indonesia for BHP Billiton and coal preparation optimization for coal projects at Worley Parsons.
Mr. Bulman has over 40 years experience in coal mining, analysis, handling and processing and spent 8 years in Indonesia evaluating and managing coal preparation projects. He has in depth experience with Indonesian coal and is expert in managing local conditions to meet the requirements of the market.
GBCE Indonesia has exclusive rights for Indonesia to the LiMaxTM coal upgrading technology developed and owned by its parent company GB Group (www.gbce.com).
LiMaxTM is the only coal upgrading technology in the world proven to produce a coal capable of competing in the seaborne market. The LiMaxTM technology is a low cost, additive-free, pyrolitic process which converts high moisture, low calorific value coal into high calorific value coal. The end product is a natural coal rock which is completely hydrophobic and retains the non-friable characteristics of the feedstock coal so it can be extensively rehandled and transported long distances. GBCE's first full industrial scale LiMaxTM plant has been operating successfully in China since mid 2012 serving third party repeat customers. In 2013, GBCE successfully upgraded 3000 tons of Sumatran coal at its plant in China.
GBCE Indonesia is currently in discussions with various Indonesian coal mining companies regarding potential joint ventures to develop LiMaxTM plants at their mines. Mr. Bulman will play a key role in building this business.
Mr. Steve Chu, GBCE Indonesia's Chairman said, "We are delighted to welcome Richard as part of the GBCE team. We are now able to provide not only the world’s best coal upgrading technology to our partners in Indonesia, but also the expertise to optimize our mining and upgrading operations to deliver the highest quality coal products."
Mr. Bulman said, "I am very excited to join the GBCE team. Our LiMaxTM technology is a truly significant milestone in the development of the coal industry and I am looking forward to working with my engineering colleagues at GBCE to turn this into a significant business in Indonesia. "
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Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...
Tuesday, 09 September 14
PORT OF NEWCASTLE SHIPPED 13.207 MTN OF COAL IN AUGUST; TRADE VALUE AROUND $1.17 BILLION
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.17 billio ...
Monday, 08 September 14
SUB-BIT FOB INDONESIA COAL SWAP UNDERPERFORMED LAST WEEK
COALspot.com: Indonesian coal swaps for average October 2014 decreased US$ 0.20 (-0.39%) day on day and US$ 1.60 (-3.04%) per mt week on week. The ...
Monday, 08 September 14
API 8 CFR SOUTH CHINA COAL SWAP FOR DELIVERY JAN'15 CLOSED AT US$ 66.30 PMT W/E 5 SEPTEMBER 2014; LOST 5.15% M-O-M
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 0.15 (-0.23%) day on day and US$ 2.05 (-3.04%) week on wee ...
Monday, 08 September 14
CHINESE IRON ORE IMPORT DEMAND VERY STRONG - COMMODORE
COALspot.com: 30 dry bulk vessels were chartered in the spot iron ore market last week to haul iron ore import cargoes to Chinese buyers.
Acco ...
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- Thiess Contractors Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- Pendopo Energi Batubara - Indonesia
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- Ministry of Finance - Indonesia
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- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
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- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
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- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
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- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- London Commodity Brokers - England
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- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
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- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
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- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
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- Central Electricity Authority - India
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- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
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- Leighton Contractors Pty Ltd - Australia
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- Intertek Mineral Services - Indonesia
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