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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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Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
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- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Planning Commission, India
- CNBM International Corporation - China
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