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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 $2 billion to build a smelter in West Kalimantan, while North Hydro would use geothermal power plants for energy.
Putu said that although he had heard no follow-up from Russal or North Hydro, which also submitted their proposals to the BKPM at the same time as Nalco did, he remained confident they would not back out of their plans.
He added opportunities to build an aluminum smelter here were very high, thanks to domestic consumption increases of 9 to 12 percent a year.
Aluminum ingots have long been supplied to the domestic market by PT Indonesia Asahan Aluminum (Inalum), which runs the country’s only aluminum smelter at present.
Inalum imports 600,000 tons of raw aluminum each year.
Its smelter is in Kuala Tanjung Asahan, North Sumatra, and has an annual yield of around 240,000 tons of aluminum ingots — far from enough to meet the annual domestic demand of 300,000 tons.
Source: The Jakarta Post
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Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
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- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
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