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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 year earlier, to bring full-year output growth to around 5 percent, although exports will remain stagnant on slightly slower demand, an industry grouping says.
In the first half of the year, coal production reached 122 million tons or about 4.2 percent higher than the same period last year, according to the Indonesian Coal Mining Association (APBI).
For the July-December period, APBI chairman Bob Kamandanu, said that the country's total production may increase by 5.7 percent to 128 million tons, from 121 million tons in the same period last year.
The increase, he said, was because the largest players in the industry increased production. The largest players in the industry include PT Bumi Resources, PT Adaro Indonesia, PT Kideco Jaya Agung, PT Berau Coal and PT Bukit Asam.
While production is rising, exports are predicted to remain relatively flat, close to the level of 160 million tons.
Bob said that declining demand from overseas industries, as they reduced their coal imports, mostly due to the global economic crisis, was the reason behind the stagnation in the country's coal exports.
"Companies from the export destination countries requested to reduce their imports by between 10 percent and 20 percent earlier this year," he said, adding that China might reduce its coal imports by 5 percent this year.
Therefore, the association expects a minor growth in exports this year, only by between 2 percent and 3 percent, to between 163.2 million and 164.8 million tons, from 160 million tons last year.
Domestic consumption meanwhile is expected to increase by 15.38 percent to 90 million tons this year, from 78 million tons last year.
He said domestic demand, showing a different pattern from exports, was still dominated by industries, such as the State Electricity Company (PLN) and coal-fired power stations like PT Paiton Energy.
Domestic coal prices averaged around Rp 600,000 per ton depending on its quality, up 18.28 percent from Rp 507,240 per ton last year, he said. (nia)
Source: The Jakarta Post
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Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...
Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
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- Wilmar Investment Holdings
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- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
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- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
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- Planning Commission, India
- PNOC Exploration Corporation - Philippines
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- White Energy Company Limited
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- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
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- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
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- Ministry of Transport, Egypt
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- Heidelberg Cement - Germany
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
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- New Zealand Coal & Carbon
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- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
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