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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 $2.25 million, of Medco’s bottom line in the first half.
Meanwhile, Medco’s chief financial officer, Lany Wong, said the energy company expected to secure bank loans within the next two to three months to refinance its loans, which are due to mature in 2015, the paper said.
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Wednesday, 13 August 14
WEEKLY MARKET INSIGHT - KONSTANTINOS KONTOMICHIS SNP BROKER
Being at the peak of the holiday season, August is, as usual, the quietest month in terms of snp transactions, yet it is also a time very critical ...
Wednesday, 13 August 14
WHAT DOES PROJECT CARGO REALLY MEAN TO INSURERS?
KNOWLEDGE TO ELEVATE
Richard Kamppari-Baker, claims manager of FP Marine Risks, explains the challenges of project cargo risk assessment from ...
Wednesday, 13 August 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN CLOSE TO 57 MONTHS LOWS
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price in August. HBA for the month of A ...
Monday, 11 August 14
LARGEST CHINESE TRADE SURPLUS EVER RECORDED IN JULY - BIMCO
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while import ...
Monday, 11 August 14
INDONESIAN THERMAL COAL SWAPS SEEING SOME POSITIVE TREND
COALspot.com: Indonesian coal swaps for average September 2014 increased US$ 0.20 (+0.36%) day on day and US$ 1.30 (+2.41%) per mt week on week. Th ...
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- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- VISA Power Limited - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
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