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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 $2 billion to build a smelter in West Kalimantan, while North Hydro would use geothermal power plants for energy.
Putu said that although he had heard no follow-up from Russal or North Hydro, which also submitted their proposals to the BKPM at the same time as Nalco did, he remained confident they would not back out of their plans.
He added opportunities to build an aluminum smelter here were very high, thanks to domestic consumption increases of 9 to 12 percent a year.
Aluminum ingots have long been supplied to the domestic market by PT Indonesia Asahan Aluminum (Inalum), which runs the country’s only aluminum smelter at present.
Inalum imports 600,000 tons of raw aluminum each year.
Its smelter is in Kuala Tanjung Asahan, North Sumatra, and has an annual yield of around 240,000 tons of aluminum ingots — far from enough to meet the annual domestic demand of 300,000 tons.
Source: The Jakarta Post
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Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...
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- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- White Energy Company Limited
- VISA Power Limited - India
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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