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Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of poor-quality coal, miners plan to invest in a project that would boost the quality of their low-grade coal for shipment overseas to avoid losing money, an association said.
The post further reported, the government wants the local industry to add value to low-ranked coal, which is typically used to fuel power plants, and turn it into high-grade coal in order to boost revenue. The miners must invest between $70 million to $80 million to build a facility to raise the quality of their coal, Supriatna Suhala, director executive of the Indonesian Coal Mining Association (APBI), said.
The state will begin to implement a 2009 regulation that will prohibit low-ranked coal to be exported and encourage companies to produce environment-friendly coal products.
“The miners would suffer a big loss unless they invest more to build the technology to raise the coal’s calories,” Supriatna said last week. The APBI represents 240 companies including Bumi Resources, the nation’s largest coal producer.
High-grade coal has a lower moisture content, is more fuel-efficient and has fewer pollutants than its low-grade counterpart. It typically has 6,100 kilo calories.
In order to increase the quality of the coal, mining companies would have to build a smelter, which is used in the industry to remove coal’s water content and increase its calories.
According to Rudi Vann, a researcher from energy consultants Wood Mackenzie, the use of coal upgrading technology such as a smelter increases the caloric content of coal by 24 percent. The coal’s price would increase about 45 percent.
Indonesia could export as much as 276 million tons of coal this year, most of it low-calorie coal shipped to India and China, APBI said. It forecast that Indonesia can produce as much as 354 million tons this year.
State utility Perusahaan Listrik Negara consumes approximately 50 million tons, which has about 4,200 kilo calories.
Deddy Saleh, director general of foreign trade at the Trade Ministry, said the government will increase the export tax for raw-mining products, including low-calorie coal, in 2014.
The rule will be implemented gradually, giving miners time to build the smelter upgrading factory, Deddy said.
Source: The Jakarta Globe (By - Ririn Radiawati Kusuma)
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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- The University of Queensland
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
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