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Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
 COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank coal upgrading plant, located near South Heart, North Dakota, USA has been completed.
GTL Energy CEO, Robert French, said today, "We are delighted that GTLE's clean coal technology has proven successful on a commercial scale. We are satisfied that the commissioning of GTLE's plant in North Dakota has validated the ability to expand plant capacity on a modular basis, with few of the risks normally associated with scale up."
The GTLE Dakota Plant has been designed as a single module commercial scale plant which will provide proof of the cost-efficient GTL Energy technology to coal consumers and producers from around the world. The Company intends to increase both the length and volumes of production runs through the remainder of 2010.
Mr French said, “Our low temperature drying process has now been proven to be effective in preserving lignite coal characteristics. We produce high energy, mechanically strong briquettes without binders and without creation of environmentally hazardous waste streams.”
“GTL Energy’s technology provides significant opportunities to utilize low rank coal in an environmentally responsible way. It will enable stranded resources to be monetized and help to meet the world’s ever growing demand for energy.”
GTL Energy’s unique coal upgrading process (coal drying / beneficiation) removes moisture from low rank coals to produce low moisture, high energy briquettes. The technology improves the efficiency of low rank coals ensuring a reduction in emissions including CO2, as well as increasing the market value of low rank fuels.
The first large scale production of North Dakota lignite at the GTLE Dakota Plant reduced the moisture by an average of 65%, providing an uplift in energy content of approximately 40%. This was followed by a successful large scale production trial of New Zealand lignite for its joint venture partner, Solid Energy New Zealand Ltd, a major Government-owned resources company and leading producer of high quality coal for export and New Zealand markets. GTL Energy reduced the moisture of the New Zealand lignite by an average of approximately 65%, thus raising the energy content by approximately 50%. Briquettes of New Zealand lignite have been shipped to Solid Energy for further combustion trials with its commercial customers, following a successful industrial scale combustion trial in North Dakota.
Data derived from these and further planned commercial scale trials will be used to prepare multiple feasibility studies for projects under various stages of development in New Zealand, Indonesia, Australia, the USA and Asia.
Mr French said, “These achievements are significant milestones for GTL Energy. We believe that our technology has resoundingly addressed the challenges often associated with coal drying, and we are pleased to have advanced to this stage of development which now provides a very strong platform for growth.”
“We are working with major global engineering firms and clients who recognize the need for our clean coal technology that is now poised for widespread deployment worldwide.”
Source: GTL Energy
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Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
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- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
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