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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 Indonesia, confirming a preferred 20 million tonne per annum production rate. The company anticipates project construction work at EKCP to start in 2010 and take two years to complete.
Churchill Mining Plc's wholly owned subsidiary PT Indonesia Coal Development has been selected as a prospective thermal coal supplier to Indonesia's PT Cirebon Electric Power, which is building a 660 MW power plant in West Java which is due to start operations in 2011.
Churchill has put the project's infrastructure items out to tender and this process is well advanced. To date the bids received have been well below predicted costs due to the resurgence in global manufacturing and engineering capabilities following the global financial downturn.
It anticipates completion of its tender process and final evaluation of the bids by the end of January 2010. It will then be in a position to further inform investors of the expected capital cost and life-of-mine financial returns.
The feasibility study envisages that the EKCP coal will be transported from the mine, ultimately made up of three open pits, using a 160 kilometers overland conveyor system comprising eight flights at a speed of 5 metres per second, powered by a coal-fired plant using EKCP coal.
Churchill is now undertaking final bathymetric and wave, wind and tide studies for the future port facility. Tenders for the port piling and coal loader have been received.
Mr Paul Mazak CEO of Churchill Mining said that "We look forward to announcing the associated results of our economic modeling early next year. Churchill is still evaluating how best to generate value for shareholders. Our options include the sale of the project or company, the development of EKCP with a JV partner or the financing and implementation of the EKCP by Churchill itself. We continue to have discussions with a number of interested parties and the company hopes to be position next year to announce the results from these negotiations."
Source: Steel Guru
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Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...
Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...
Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...
Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...
Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
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- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
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