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Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage done by the trucks, a move which could increase costs for smaller producers. The governor of South Kalimantan province, which accounts for around 36 percent of Indonesia's total coal production, said the new regulation was intended to reduce the damage to key infrastructure and would come into effect in July.
The ban is unlikely to affect shipments from big coal producers in the area -- including PT Adaro Energy Tbk (ADRO.JK) and PT Arutmin, a unit of Indonesia's largest coal producer PT Bumi Resources Tbk (BUMI.JK) -- as they have their own hauling roads, according to Supriatna Suhala, executive director of Indonesia Coal Association.
"It will affect small miners. They may either have to declare force majeur, incur extra costs by building roads, or use small trucks which are suitable for public roads," Suhala said.
"Ideally, all miners should have their own roads because they use heavy machinery which could damage public roads," he said.
Many of the public roads in South Kalimantan have been badly damaged, as they were not intended for heavy use by trucks carrying coal and oil palm fruit and weighing tens of tonnes.
Coal miners and palm oil planters must build their own roads linking the mines and plantations to the nearest river ports by the end of July, Governor Rudy Ariffin said.
"If their roads come across public roads, they will have to build an underpass," Ariffin told Reuters in Jakarta after a meeting with legislators.
"Companies are now working to build their own roads. Hopefully, the roads can be used to transport mining products and agriculture produce by July," he said.
Indonesia is expected to produce 230 million tonnes of coal this year. (Writing by Fitri Wulandari; Editing by Sara Webb)
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK43849320090427
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Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
Tuesday, 21 July 09
FIRST QUARTER COAL MARKET AND EURACOAL'S OUTLOOK FOR THE FUTURE
Euracoal reports that for the first time in many years, the world market for hard coal fell by some 8 % during the first quarter 2009. This latest E ...
Monday, 20 July 09
CHINAS COAL DEMAND, OUTPUT TO PICK UP IN H2 - GROUP 2
Financial24 reported that, China's coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fa ...
Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering ...
Monday, 20 July 09
BANPU'S SECOND-HALF PROFIT MAY DROP ON COAL PRICES
Bloomberg Reported that, Banpu Pcl, Thailand’s biggest coal producer, expects profit to decline in the second half from the first six months a ...
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- Sree Jayajothi Cements Limited - India
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- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
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- Banpu Public Company Limited - Thailand
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- Mjunction Services Limited - India
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- CIMB Investment Bank - Malaysia
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- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
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- Price Waterhouse Coopers - Russia
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- Romanian Commodities Exchange
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- Africa Commodities Group - South Africa
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- Eastern Coal Council - USA
- The University of Queensland
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- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
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- Alfred C Toepfer International GmbH - Germany
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