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Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than a year ago, the company's president director said on Thursday.
Bukit Asam has agreed to supply PT Indonesia Power, a unit of state electricity firm PT Perusahaan Listrik Negara (PLN), between 5.5 million tonnes and 6.1 million tonnes of coal with a heating value of 5,000 kcal/kg gross as-received (GAR) at 685,000 rupiah ($73.68) per tonne, CIF, president director Sukrisno said.
Indonesia's third-largest listed coal miner by market value said it would supply the coal to the 3,400-MW Suralaya power plant in West Java between now and the end of this year.
The price was 22.5 percent lower than 884,000 rupiah per tonne set in 2009.
"The price in 2009 was above the market price because we managed to reach a deal when coal prices were still high in around September 2008," said a Bukit Asam official, who declined to be quoted by name.
"Although 2010 price is lower than last year, it is still above the current market price," the official said.
Bukit Asam has said it expects last year's revenue to amount to 9 trillion rupiah, up from 7.2 trillion rupiah in 2008 as it managed to negotiate for higher prices.
Bukit Asam, with a market capitalisation of just over $4 billion, expects its sales volume to rise to 15.6 million tonnes in 2010 from an estimated 12.8 million tonnes last year on a growing demand from China and India.($1 = 9,297 Rupiah)
Source: Reuters
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Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
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- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- The University of Queensland
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
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