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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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Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...
Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...
Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.
The week was & ...
Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...
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- South Luzon Thermal Energy Corporation
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- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
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- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
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- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
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- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
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- SMC Global Power, Philippines
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- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
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- The University of Queensland
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
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- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
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