We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 14 April 14
INDONESIA'S Q1 COAL PRODUCTION LITTLE CHANGED EVEN WITH PRICE DROP - INVESTOR DAILY
 Indonesia’s coal production by volume in the first quarter remained little changed from the same period last year despite the decline in the coal price, according to the Energy and Mineral Resources Ministry.
“Coal production as of April 10 stood at 110 million [metric] tons. That is already a quarter of our target this year, which is 421 million tons,” said R. Sukhyar, the ministry’s director general of coal and mineral resources, over the weekend.
Coal exports accounted for 74 percent, or 81 million tons, of total coal production, while domestic demand made up the remaining 26.4 percent.
By the end of March of last year, coal production was 105 million tons.
Sukhyar said that the low coal commodity price has hurt production at mining companies.
“Production cost could reach above $25 per ton. If the coal selling price is $19 per ton, then businessmen will have difficulties in producing coal,” he said.
Mining companies, though, would have to be efficient in response to the drop in coal price, said Supriatna Suhala, the executive director at the Indonesian Coal Mining Association (APBI).
“To cover the loss, businessmen will increase production in general,” he said, adding that businessmen would also have to make cuts in expenditure.
In April, coal was selling at about $74 per ton, while the lowest coal selling price was $19 per ton.
The benchmark coal index in Newcastle had dropped 15 percent to $74.55 per ton in the first quarter. Coal peaked in early 2011 at more than $135 a ton, but it has fallen in each of the past three years.
The total amount of coal production in the first quarter this year came from mining companies that hold coal mining licenses [PKP2B] and permits [IUP], said Edi Prasodjo, the coal business director at the Energy Ministry.
“PKP2B [holders] contribute some 75 million tons, and the rest is from IUP [holders],” Edi said.
Additionally, Sukhyar said that the plan to raise the royalty fee on coal to 13.5 percent for coal mining permit holders was still under discussion. The increase will be included in the revised version of the 2012 government regulation related to non-tax state income. Some small coal miners pay as little as 3 percent in royalties.
“We are still discussing it with the APBI. [The royalty increase] should be handled prudently, because the price is dropping. Don’t let the implementation shut down production,” Sukhyar said.
Source: Investor Daily / The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 13 March 14
HANDY: THE FAR EAST MARKET IS IN AN UPWARD TREND - FEARNRESEARCH
Handy
Atlantic is a bit under pressure for spot tonnage, but the underlying sentiment is positive for the short medium future. 2-3 legs are do ...
Thursday, 13 March 14
MARKET INSIGHT - CHRISTOPHER T. WHITTY
By Christopher T. Whitty
Marketing Manager
Cotzias Intermodal Shipping Inc.
During the last year we have noticed that a fair number of ...
Wednesday, 12 March 14
ADARO ENERGY IMPROVES EFFICIENCY AND GENERATED STRONG EBITDA IN 2013
COALspot.com: PT Adaro Energy Tbk, Indonesia's single largest coal miner posted revenue of US$ 3.28 billion and cost of revenue of US$ 2.54 ...
Wednesday, 12 March 14
DGOMC OF INDONESIA REVISED DOWN THE BENCHMARK PRICES FOR COAL BY 4.26% IN MARCH
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down the government's declared coal bench mark price ...
Wednesday, 12 March 14
DRY BULK VESSELS STILL THE CREAM OF THE CROP FOR SHIP OWNERS
Dry bulk carriers have remained the most popular vessel type among ship owners as proven by the sheer number of second hand vessel sales and new ...
|
|
|
Showing 3801 to 3805 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- VISA Power Limited - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
|
| |
| |
|
