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Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
 The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the drier-than-usual weather helps boost production in Asia’s largest coal exporter.
Bambang Gatot Ariyono, director of coal and minerals at the Ministry of Energy and Mineral Resources, said on Wednesday that coal miners had been able to run their operations at a greater capacity as the weather has been drier than normal.
Bambang did not say how large the output increase was expected to be, but the Indonesian Coal Producers Association (APBI) has estimated that output this year could reach 300 million tons, 20 percent higher than the government’s projection.
“The increase may not reach 20 percent, but it surely will exceed our initial target this year,” Bambang said.
APBI chairman Bob Kamandanu agreed that weather played an important role. “But demand is also important for coal producers,” he told the Jakarta Globe.
“I see a positive outlook for demand this year, with strong growth from China, and our coal output will increase to 300 million metric tons.”
China is the main customer for Indonesian coal, as its rapidly growing economy is hungry for fuel to supply its power plants.
All of the coal mines in Indonesia are open-cast mines, so the weather can have a significant impact on production. Heavy rain can cause floods and landslides, halting production.
Indonesia produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008, according to figures released by the Energy Ministry.
About 78 percent of the coal — worth $14.85 billion — was exported to buyers in Japan, China, India, Australia and Africa.
Source: The Jakarta Globe - By: Reva Sasistiya
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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
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