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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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Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...
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- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- The University of Queensland
- Economic Council, Georgia
- Indian Oil Corporation Limited
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
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