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Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
.jpg) PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company this year will reach 13 million ton. This state enterprise has also allocated a fund of Rp1.5 trillion for acquiring coal mines in the framework of increasing company’s reserves.
Supply Temporarily Stopped
PT PLN has rescheduled all coal delivery contracts for Suralaya steam power plant. The deliveries were temporarily stopped because the stock was far above normal. “PT Tambang Batubara Bukit Asam for example, from its commitment of 300,000 – 400,000 ton, reduced to 100,000 ton only. the remining supply to be postponed to 2010,” said President Commissioner of PT PLN, Alhilal Hamdi.
Coal Transportation Contract
PT Rig Tenders Indonesia Tbk has won a contract of transporting coal from PT Adaro Indonesia and PT Arutmin Indonesia. According to the Director of Rig, Wan Ruzlan, contract with Adaro is valid until 2012 for 20-21 million ton per year.
Special Regulation of People’s Mines
The Head of the Geotechnology Research Center of the Indonesian Institute of Sciences (LIPI), Iskandar Zulkarnaen, proposed to the government to include a special regulation that arranges people’s mining in the implementing regulation of mineral and coal. Without such regulation they would be in jeopardy and even has the potential of conflicts.
Exploration Stopped
PT Jambi Resources stopped its coal mining exploration at 462 Block in Muara Bungo regency, Jambi, due to illegal occupancy of the area by the locals in February 2009. Mine Manager Bay Andri said the company threatened to lose US$15-20 million.
PT. Berau to Supply 700,000 Ton to China
PT Berau Coal has got a coal selling contract of 700,000 ton from two companies in China. President Director of Berau, Bob Kamandanu said that the contract will support the reaching of the company’s selling target of 14.2 million ton this year. In the first quarter of 2009 the production of Berau was only three million ton; usually it is 3.5 million ton.
Source: Coal Indo Energy
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Friday, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...
Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow
· Coastal Energen to build first merchant power plant
· Tamil Nadu to see st ...
Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...
Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...
Thursday, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
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- Romanian Commodities Exchange
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- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
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- Bhoruka Overseas - Indonesia
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- Ministry of Finance - Indonesia
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- Wood Mackenzie - Singapore
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- Antam Resourcindo - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- Dalmia Cement Bharat India
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- Orica Australia Pty. Ltd.
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- Renaissance Capital - South Africa
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- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
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- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Minerals Council of Australia
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- Commonwealth Bank - Australia
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- Indo Tambangraya Megah - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
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