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Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 mln tons of coal in 2009, said Mr. Choi Weon- Chim, Executive Vice President of Samtan Co. Ltd of Korea. 49% share holder of Kideco Jaya Agung. India Group and PT. Muji Inti Utama is holding remaining 46% and 5% shares respectively.
PT KIDECO Jaya Agung (KIDECO) explores, develops and produces coal in the Paser area in East Kalimantan. KIDECO was awarded the coal mining concession in the Paser area under a Coal Contract of Work (CCOW) executed in 1982. The concession covers a period of 30 years from March 1993 when commercial production first began.
Out of 29.5 million ton coal to be produced in 2010, about 7 million ton would be SM coal which is having lower GCV (4200 kcal/kg ( gar)) than the regular Kideco coal which is medium GCV and very low sulphur. Minable deposit of SM is around 300 million tons. Currently Kideco is expecting to supply about 4 million ton to China and 4.5 million tons to India in 2010.
Mr. Choi is expecting that, the export quantity will increase to 6 million tons to China in 2011 and 5.4 million tons to India in 2011. 25% of Kideco‘s total production is allocated or supply to Domestic market. Most of the cargo was sold out for 2010, 2011 said Mr. Choi Weon, Executive vice president.
“Coal prices are seem to be stable at this moment’ he further said. Kideco coal was one of the well accepted coal in world market because of low sulphur and low ash content
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Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...
Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...
Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...
Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...
Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
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- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- The University of Queensland
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Parry Sugars Refinery, India
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