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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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Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
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- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Planning Commission, India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
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- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
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