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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 $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Wednesday, 08 October 14
OIL COULD FALL TO USD80 BEFORE SHALE SUPPLY RESPONSE - FITCH
COALspot.com: Brent oil could fall as low as USD80 a barrel before triggering a self-correcting supply response with shale-oil drillers cutting inv ...
Wednesday, 08 October 14
IS THERE ANY BRIGHT SIDE ON THE DRY BULK SEGMENT? - YANNIS OLZIERSKY
In the movie “Life Of Brian”, a character on a nearby cross was singing the famous “Always look on the bright side of life” ...
Tuesday, 07 October 14
TAIPOWER TO IMPORT 525K MT OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com: Taiwan Power Company intends to procure 525,000 metric tons of low ash and extra low sulfur sub-bituminous coal for Taipower thermal ...
Tuesday, 07 October 14
SUB-BIT FOB INDONESIA COAL SWAP SHOWS A FLAT TO WEAK TREND THIS PAST WEEK
COALspot.com: Indonesian coal swaps November 2014 delivery flat week on week and gained US$ 0.10 (-0.20%) per mt day on day. The swap also lost US$ ...
Tuesday, 07 October 14
THE RIO TINTO CONFIRMS THAT NO DISCUSSIONS ARE TAKING PLACE WITH GLENCORE
COALspot.com: The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore.The Rio Tinto bo ...
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- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- PTC India Limited - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Planning Commission, India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
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