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Monday, 02 February 15
INDONESIA'S ADARO ENERGY PRODUCED 56.21 MILLION TONNES OF COAL IN 2014; UP 8% Y-O-Y
COALspot.com: PT. Adaro Energy, Indonesia’s largest coal producer, has increased coal production by 8% to 56.21 million tonnes (Mt) from both PT Adaro Indonesia (AI) and Balangan Coal through PT Semesta Centramas (SCM) in 2014.
Adaro continued to meet its performance targets, even in the challenging coal market conditions and remains on track to create maximum sustainable value from Indonesian coal. The miner has produced 56.21 million tonnes (Mt) of coal in 2014, which was better than the company’s full year guidance of 54 Mt to 56 Mt.
According to Adaro Energy’s Q4’ 2014 activities report, Adaro has finished the year strong with record quarterly production of 14.45 Mt, a 6% increase compared to the same period in 2013. Adaro claimed that, the increase was mainly due to a combination of sound contractors’ performance and normal weather conditions.
Adaro has sold 14.65 Mt of coal during the 4th quarter of 2014 to achieve 57.02 Mt of sales for the year 2014, the report says.
Adaro has increased overburden removal 8% to 77.55 million bank cubic meter (Mbcm) during 4Q. AI’s actual strip ratio during 4Q 14 was 5.41x, resulting in an actual strip ratio of 5.69x for 2014. Meanwhile, SCM’s actual strip ratio during 4Q14 was 3.93x, resulting in an actual strip ratio of 4.69x for 2014.
" We are able to lower our strip ratio for three years in a row without harming our long-term mine plan due to investment we made to increase overburden removal during the higher coal price environment", Adaro says in its latest activities report.
Adaro further noted that, the lower average planned strip ratio remained higher than the life of mine strip ratio.
India is the largest consumer of Adaro coal after Indonesia in 2014. 15% of Adaro’s total coal production or around 8.55 million tons of coal was shipped to India in 2014. 12.54 million tons of coal delivered to Indonesian end-users while around 6.84 million tons of coal or 12% of total company's coal production shipped to Japan. China also imported significant volume from Adaro in 2014.
Adaro says, its focus in 2015 is to continue to look for cost reduction, maintain reliability of supply to its customers, and improve efficiency and productivity in each part of Adaro's coal supply chain.
“ Despite the continued weakness in the coal price, Adaro is doing relatively well and remains on track to create maximum sustainable value from Indonesian coal”, says Adaro.
Adaro continued to see good demand for its coal, particularly from Indonesia and India and expects to produce 56 Mt to 58 Mt of coal in 2015, slightly higher than 2014 production. Adaro also to keep its coal cash cost, ex. Royalty at around US$31 to US$33/tonne in 2015.
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Thursday, 05 February 15
ULTRAMAX LEVELS FROM INDIA TO CHINA IN THE MID US$ 5000'S - FEARNLEYS AS
Handy
Despite the overall weak sentiment, there is a scent of optimism in the Atlantic market for ppt dates. Continent is still struggling with o ...
Wednesday, 04 February 15
MARKET INSIGHT - LINOS KOGEVINAS
It has been just about over 2 months since, in a move that surprised many and caused widespread apprehension, OPEC decided to maintain its producti ...
Tuesday, 03 February 15
Q1'15 FOB INDONESIA COAL SWAP CLOSED $ 3.29 HIGHER COMPARED TO Q4'15 DELIVERY PRICE
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 rose week over week and month on month.
The Q1 swap up US$ 0.68 (+1.41%) month o ...
Tuesday, 03 February 15
FOB NEWCASTLE COAL SWAP FOR Q4 DELIVERY CLOSED 5.86% LOWER THAN Q1 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery rose US$ 0.26 per MT (+0.51%) week over week and declined US$ 0.02 (-0.04%) ...
Monday, 02 February 15
API 4 FOB RICHARDS BAY COAL SWAP ROSE WEEK OVER WEEK
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 declined month over month and day on day.
The Q1 swap has decli ...
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- Wilmar Investment Holdings
- Planning Commission, India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Australian Coal Association
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
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