We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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$33/tonne in 2015.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 14 January 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
In Oil we trust! The Barrel price has declined by almost a third in comparison to the 2014 January and has being on the downhill since early last s ...
Wednesday, 14 January 15
COMMODITIES AREN'T PRIMED FOR A REBOUND DURING 2015: SHIPPING COULD BENEFIT FROM LOWER PRICES - ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In the recent past, higher commodity prices were driven by an increase in demand from developing countries, which spelled good news for ship owners ...
Wednesday, 14 January 15
SUB-BIT FOB INDONESIA COAL SWAP FOR Q1 DELIVERY CLOSED AT US$ 46.97 PMT
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 declined month on month and week over week.
The Q1 swap has fell US$ 1.53 (-3.15 ...
Wednesday, 14 January 15
Q4' 15 FOB NEWCASTLE COAL SWAP CLOSED 4.51% LOWER COMPARED TO Q1' 15 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.56 per MT (-3.0%) month over month and US$ 1.03 (-2.0%) week ove ...
Tuesday, 13 January 15
MORE PITFALLS FOR OWNERS LOOKING TO TERMINATE FOR UNPAID HIRE - INCE & CO
KNOWLEDGE TO ELEVATE
It is a debatable point whether or not the obligation to pay hire under a time charter is a condition of the contract or ...
|
|
|
Showing 3256 to 3260 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
|
| |
| |
|