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Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
 The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in Indonesia due to problems in securing coal supplies for power generation, an official said Tuesday.
The company plans to build five power plants generating 250 megawatts each to sustain a US$3 billion investment in an aluminum smelter in Tanjung Api-api, South Sumatra.
A total of 5 million tons of coal is needed per year to run the power plants.
In its proposal submitted to the Investment Coordinating Board (BKPM), Nalco plans to commence construction in 2010 and expects to complete the construction in a year.
Upon completion, the smelter will have a production capacity of 500,000 tons of aluminum ingots per year.
However, the Industry Ministry’s director for metal industries, I Gusti Putu Suryawirawan, said the inability to secure coal stemmed from the fact that existing contract agreements for coal purchases had already exhausted estimated coal output for a considerable period to come.
Gusti confirmed there might be a delay in the commencement of Nalco’s project because of the supply issue.
“Several mining companies are being gathered, but their combined coal output is still insufficient,” he said.
“However, we’ll try to keep the smelter construction plan on schedule.”
Domestic demand for aluminum products has been riding a high in the past few years, thanks in part to encouraging growth in the property industry and automotive industry, said Indonesian Aluminum Association chairman Abu Bakar.
Besides Nalco, Russia’s Russal — the world’s leading aluminum producer — and Iceland’s North Hydro have also expressed interest in building aluminum smelters in Indonesia, Putu said.
He added Russal was likely to invest $2 billion to build a smelter in West Kalimantan, while North Hydro would use geothermal power plants for energy.
Putu said that although he had heard no follow-up from Russal or North Hydro, which also submitted their proposals to the BKPM at the same time as Nalco did, he remained confident they would not back out of their plans.
He added opportunities to build an aluminum smelter here were very high, thanks to domestic consumption increases of 9 to 12 percent a year.
Aluminum ingots have long been supplied to the domestic market by PT Indonesia Asahan Aluminum (Inalum), which runs the country’s only aluminum smelter at present.
Inalum imports 600,000 tons of raw aluminum each year.
Its smelter is in Kuala Tanjung Asahan, North Sumatra, and has an annual yield of around 240,000 tons of aluminum ingots — far from enough to meet the annual domestic demand of 300,000 tons.
Source: The Jakarta Post
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Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
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- GN Power Mariveles Coal Plant, Philippines
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- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
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- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
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- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
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- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
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- Romanian Commodities Exchange
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
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- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Economic Council, Georgia
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- VISA Power Limited - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
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- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
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- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
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- Energy Development Corp, Philippines
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- Ministry of Finance - Indonesia
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- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
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- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
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- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
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- South Luzon Thermal Energy Corporation
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- Kumho Petrochemical, South Korea
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- Maheswari Brothers Coal Limited - India
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- The State Trading Corporation of India Ltd
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- Chamber of Mines of South Africa
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- Directorate Of Revenue Intelligence - India
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- Thiess Contractors Indonesia
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- Altura Mining Limited, Indonesia
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- MS Steel International - UAE
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- Banpu Public Company Limited - Thailand
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- Planning Commission, India
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- Asmin Koalindo Tuhup - Indonesia
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- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
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- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
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- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
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- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Australian Coal Association
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