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Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
 PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro MetCoal Companies (AMC), 7% higher compared to 2018 and higher than our 2019 production guidance of 54-56 Mt.
According to Adaro Energy Quarterly Activities Report Fourth Quarter of 2019, Overburden removal reached 272.09 million bank cubic meter (Mbcm), 1% lower y-o-y, and resulted in a blended actual strip ratio of 4.69x for 2019. The strip ratio result was slightly higher than the company’s 2019 guidance of 4.56x.
Adaro’s report further noted that, solid demand for their thermal and metallurgical coal products underpinned their 2019 sales achievement of 59.18 Mt, 9% higher year-over-year (y-o-y).The Southeast Asia region remained as Adaro’s leading sales destination, constituting 42% of AE’s sales in 2019. AE’s coal production in 4Q19 reached 13.91 Mt, 8% lower than 4Q18, to comply with the production plan of each coal mining subsidiary and coal sales in 4Q19 was 14.52 Mt, a 4% decrease from 4Q18. Overburden removal in 4Q19 reached 62.07Mbcm, and resulted in a strip ratio of 4.46x, 10% and 3% lower compared to 4Q18.
Adaro Energy’s Quarterly Activities Report Fourth Quarter of 2019 further said, despite macro and industry challenges in 2019, demand for Adaro coal remained solid. Customers continued to inquire for company’s Envirocoal product as they recognize and value the low pollutant content of the coal and the reliability of supply company provides.
Sales to Southeast Asia, according to the report, including Indonesia, constituted 42% of total sales volume in 2019. The company’s sales volume to Southeast Asia increased 14% y-o-y. Indonesia and Malaysia were Adro’s two biggest markets in Southeast Asia. Meanwhile, East Asia made up 29% of sales, followed by India and China at 15% and 12%, respectively. This is in line with India’s higher coal import in 2019.
The following shows the geographical breakdown of Adaro’s customers in 2019.
Southeast Asia 42% | East Asia 29% (Excluding China) | India 15% | China 12% AND Others 2% (include Europe, New Zealand and Pakistan)
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Friday, 14 February 20
IS THE US COAL INDUSTRY COMPLETELY BURNED OUT? -FORBES
This is the fourth of a multi-part series on the state of the main sources of energy in the US and how they compare globally. The series will cover ...
Friday, 14 February 20
FITCH RTGS: GLOBAL PORTS VULNERABLE TO CORONAVIRUS - RELATED VOLUME DECLINES
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take ...
Thursday, 13 February 20
INDIA: MAJOR PORTS SHOW MUTED GROWTH IN CARGO AS THERMAL COAL VOLUME SLIDES 15% - BUSINESS STANDARD
A sharp slide of 15 per cent in thermal coal volumes weighed on the performance of major ports during the period of April-January of FY20. The majo ...
Wednesday, 12 February 20
REFINING SET FOR A CHALLENGING 2020 - WOOD MACKENZIE
Downstream isn’t the glamorous end of the oil business. And in Big Oil, it’s typically dwarfed by upstream. Yet having been forced to r ...
Wednesday, 12 February 20
COAL INDIA WILL EXCEED LAST YEAR'S PRODUCTION FIGURES: OFFICIAL - PTI
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year’s production figures, a to ...
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- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Australian Coal Association
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
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