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Friday, 30 October 15
INDONESIA'S COAL EXPORTS DROP ON LOW PRICES - THE JAKARTA POST
 Indonesia's coal exports significantly dropped in the first nine months of the year as coal companies continued to suffer from low prices in addition to becoming increasingly dependent on the domestic market.
According to The Jakarta Post's report, the figures from the Energy and Mineral Resources Ministry’s directorate general for minerals and coal showed that national production reached 308 million tons from January to September this year, declining by around 14 percent compared to the 360 million tons produced in the same period of last year.
“Out of total production, 235 million tons were exported,” director for coal, Adhi Wibowo, said, as quoted by the Jakarta post.
The paper further reported that, the export figure was equal to an almost 20 percent drop compared with the 293 million tons sold overseas during the January to September period of last year. Around 6 million tons of coal is currently in inventories, a similar level at the end of September last year, according to Adhi.
According to paper, as much as 67 million tons were sold to domestic markets during the first nine months of the year, increasing by around 9 percent compared to the 61 million tons delivered to domestic buyers in the same period last year.
Coal mining firms have been struggling to survive amid a challenging business environment marked by low commodity prices partly caused by weakening demand against the backdrop of global economic uncertainties.
The government set the Indonesian coal reference price (HBA) at US$57.39 per ton in October, an all-time low since the reference was first introduced in 2009. The HBA price is currently 10 percent lower compared to the $63.84 per ton set for January.
The price at Australian port Newcastle, the benchmark for thermal coal, dropped to $54.37 per ton in April, the lowest level since May 2007, Bloomberg reported. Prices continued sliding over the last the three months, the longest run of declining prices since April 2014, Bloomberg added.
The government of Indonesia plans to see national coal production hit 425 million tons by the year’s end. The coal mining business remains a significant contributor to the country’s revenue of non-tax income. However, given the pressure on prices, output is expected to be well below 400 million tons this year.
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Sunday, 06 September 15
AUTOMATION AND TECHNOLOGY IS CERTAINLY PART OF THE SOLUTION FOR IMPROVING PERFORMANCE AND EFFICIENCY TO MAKE THE MINE OPERATIONS MORE PROFITABLE, HOWEVER............ - LUKE JALSEVAC
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Luke Jalsevac, Director, Busines ...
Sunday, 06 September 15
THE CAPE SIZE INDEX ROSE 10.83 PER CENT WEEK OVER WEEK
COALspot.com: The BDI, the Baltic exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, declined o ...
Saturday, 05 September 15
DRY BULK MARKET MAY SUFFER NOW, BUT IS BOUND FOR A RECOVERY THANKS TO A LIMITED FUTURE FLEET GROWTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The slow increase of dry bulk tonnage growth this year could turn into a solid indicator of the market’s future prospects. According to a rec ...
Friday, 04 September 15
U.S. COAL PRODUCTION FOR THE W/E AUGUST 29, UP SLIGHTLY; FALL 4.5 PERCENT Y-Y: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.7 million shor ...
Friday, 04 September 15
GOVERNORS WILL HAVE THE POWER TO REVOKE MINERS' PERMITS: ENERGY MINISTRY - JG
Starting Oct. 1, Indonesia's governors will lawfully become "executors" in revoking the licenses of miners that fail to secure a &quo ...
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- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- MS Steel International - UAE
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- The University of Queensland
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
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