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Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta Tambang Sumber Alam (DTSA) mine, as quoted by The Jakarta post.
According to paper, DTSA mine will begin production in the fourth quarter of 2014 or next year at the latest.
At present, DTR, Medco’s another mine produces 600,000 tons to 700,000 tons of coal per year. Production from the DTSA mine is expected to be around 300K per annum starting from early next year.
Both DTR and DTSA are located in Nunukan, North Kalimantan, and their coal has high calorific value. DTR began production in 2012 and most of its coal output is exported to meet international needs, the post further said.
Medoc DTR mine produces high value and high sulphur coal. According to HBA specification, Medco produces coal with calorific value 6500 GAR and 3.28% of Sulphur of coal. Medco also produces another type of coal says 6,200 kcal/kg GAR and 4% sulphur coal, the HBA data shows.
According to Medco’s data, as quoted by paper, its coal mining business accounted for 5.9 percent of its total revenue during the first six months of the year. While the firm’s total revenue stood at US$360.37 million, coal’s contribution amounted to $21.43 million. However, in terms of profits, the coal business made up a quarter, or $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Wednesday, 22 October 14
CAPESIZE MARKET REMAINED UNDER PRESSURE
COALspot.com: The Dry Bulk market closed on the red for yet another week although following Friday sentiment has started to improve on the back of ...
Tuesday, 21 October 14
INDIA'S DIESEL DEREGULATION POSITIVE FOR OIL COMPANIES - FITCH
The Indian government's 18 October decision to deregulate diesel prices will have a positive effect on the national oil marketing companies tha ...
Tuesday, 21 October 14
LOW DEMAND PUTTING COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost on day, week and month.
The swap has lost US$ 1.57 (-3.04%) month on month ...
Monday, 20 October 14
CHINA'S ENVIRONMENTAL POLICIES DO NOT SPELL THE END FOR COAL - WOOD MACKENZIE
China's environmental policies do not spell the end for coal Analysis across energy commodities show coal still accounting for 64% of power mix ...
Monday, 20 October 14
CFR SOUTH CHINA COAL SWAPS FAILED TO PERFORM POSITIVE
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 3.04 (-4.57%) month over month and US$ 1.75 (-2.68%) week o ...
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- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- PTC India Limited - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- The University of Queensland
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
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