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Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
 The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 million tonnes destined for India, the firm's chief executive said.
Indonesia is the world's top exporter of thermal coal, and coal production in East Kalimantan, on the island of Borneo, accounts for more than half of the country's total coal output, forecast to reach around 230 million tonnes this year.
MEC is a joint venture between UAE investment fund RAK Minerals and Metals Investments (RMMI) and UAE-based mining company Trimex. RMMI won a license in March to build a 150-km (93-mile) rail link to take coal from a mine in East Kalimantan province to a coal terminal.
"We are looking at full-scale production starting in 2010 with a delivery of 2 million tonnes," Naveen Chandralal, Middle East Coal's chief executive officer, told Reuters in an e-mail, adding that it would also begin work on the coal rail project.
The coal will be all exported to India, Chandralal said.
Shipments will subsequently increase up to 32 million tonnes by 2015, he added.
MEC operates a greenfield coal concession in East Kalimantan with estimated resources of 2 billion tonnes of low-sulphur/low-ash thermal coal.
The firm has been in talks to buy equity stakes in India's power plants in exchange for a long-term supply deal.
"Although India is a key market for coal as the country continues to address its power requirement, MEC would like to be part of the Indian growth story rather than just a supplier of coal," Chandralal said.
MEC is close to finalising agreements to take equity stakes in Indian power plants, he said, but declined to identify them, saying that was confidential information.
India is expected to step up coal imports in 2012 for its new power projects as its own production lags.
The firm also expects to start construction of the railway project to link its mine in Muara Wahau to Bengalon port in East Kalimantan, in March 2010, Chandralal said, "with a view to commissioning the first cargo train by early 2012".
The firm has acquired about 80 percent of the land needed for the project, he said. The project is estimated to cost around $1 billion, the firm has said.
Indonesia mostly uses waterways to ship coal as most coal mines are located near rivers or the open sea.
Source: Reuters
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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
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- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
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- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Marubeni Corporation - India
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- White Energy Company Limited
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
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