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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Planning Commission, India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
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