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Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
 Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent in 2010 through the expansion of existing mines.
Bayan, Indonesia's eighth-largest coal producer by volume, plans to produce 13.5 million tonnes of coal next year, up from a target of 9.5 million tonnes of coal this year, Alastair Mcleod, Bayan's chief financial officer, said.
"We started two new mines last year and two mines this year. All of those mines continue to expand," Mcleod told reporters on the sidelines of Coaltrans 3rd Coal Mining Operations & Economics in Jakarta.
The firm has eight mining companies with a total concession area of 81,265 hectares (200,800 acres).
Bayan produced 5.5 million tonnes of coal in the first half of this year, Mcleod said, and production for this year could top its target of 9.5 million tonnes.
The firm plans to boost its coal output to 20 million tonnes within the next five years, Mcleod said.
Bayan is also actively seeking buyers for its updgraded clean coal briquettes from its new plant.
"Our marketing strategy is to sell small lots to a wide variety of customers. We are looking at 20-25 customers. So when we expand to 5 million tonnes, we already have (a) customer base," he said.
Bayan has established a joint venture firm -- PT Kaltim Supacoal -- with a unit of Australia's White Energy Ltd to turn high moisture coal produced at Bayan's Tabang mine in East Kalimantan into a higher energy clean burning products using White Energy's technology for use in coal-fired power plants.
It has completed construction of its first coal upgrading plant and produced its first batch of upgraded clean coal briquettes in August at the plant, which has a capacity of 1 million tonnes per annum.
The firm plans to build another four plants between the first half of 2010 and the first half of 2012, which will boost the capacity to 5 million tonnes, Mcleod said.
In September, Bayan said it had appointed Standard Chartered Bank as a financial adviser for raising at least $150 million for the briquetted coal project.
Source: Reuters
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Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...
Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
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- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
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- Orica Australia Pty. Ltd.
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- Pipit Mutiara Jaya. PT, Indonesia
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- Samtan Co., Ltd - South Korea
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- SMG Consultants - Indonesia
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- White Energy Company Limited
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- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
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