COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA


COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia Pacific Coal Outlook Conference 2010, which was held in the island of Bali during 1 - 2 December 2010. Mr. Jeffry, the president director of Bhakti Energi Persada further said, Low rank coal of Indonesia was already attracting end-users from China and India.

Bhakti began producing low rank coal from its mine in Muara Wahau region, East Kalimantan since 2009.  2010 productions have reached to 0.7 mln tons and around 1.5 million tons will be produced by next year. Bhakti Energi's coal deposit is one of the largest compare to other coal mines in Indonesia. According to Jeffry Mulyono, Bhakti has coal reserves of 5.7 billion tonnes, and it will last for several decades. MEC, a Dubai based energy company is also having the coal concession in Muara wahau region and claimed the coal deposit is more than 1 billion tons.  MEC in the process to build railway lines to transport the coal to its coal terminal which is also in plan to build to load panamax to cape size vessels.

Jeffry told during his presentation, the company also studying coal drying or CUB to upgrade part of its production. According to him a unit of UCB  plant can upgrade about 1 million tons of coal per annum. Part of upgraded coal also could be blended with non upgraded coal to fulfill buyer's requirements.

Share your coal and shipping news with COALspot.com


The cost of upgrading coal of Bhakti is estimated at $ 9 per ton, excluding capital expenditure, Jeffry replied for a question from the floor. Indonesian government may provide additional incentives for low rank coal producers, and it may allow miners to sell low-rank coal below Indonesian coal price reference.  Other miners are required to sell their coal higher or equal to government declared coal price reference. 

Government has declared US$ 23.60 per MT for 2,995 GAR coal in November. Meantime, Government has fixed US$ 102.86 for 7000 GAR coal for the same month. Indonesian coal price for November was US$ 95.51 per MT basis 6,322 GAR .

The reference price for December is expected to increase, as the international indices which were used to calculate Indonesian coal price reference are seeming to be high during November compared to end of October 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...


Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...


Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...


Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 poi ...


   1097 1098 1099 1100 1101   
Showing 5491 to 5495 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Glencore India Pvt. Ltd
  • Georgia Ports Authority, United States
  • Coal Orbis AG
  • Credit Suisse - India
  • Japan Coal Energy Center
  • GMR Energy Limited - India
  • IBC Asia (S) Pte Ltd
  • Chamber of Mines of South Africa
  • Asia Cement - Taiwan
  • Xindia Steels Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Shree Cement - India
  • Ceylon Electricity Board - Sri Lanka
  • International Coal Ventures Pvt Ltd - India
  • SRK Consulting
  • TGV SRAAC LIMITED, India
  • TANGEDCO India
  • Miang Besar Coal Terminal - Indonesia
  • Independent Power Producers Association of India
  • Directorate General of MIneral and Coal - Indonesia
  • NTPC Limited - India
  • Argus Media - Singapore
  • Sindya Power Generating Company Private Ltd
  • Krishnapatnam Port Company Ltd. - India
  • IOL Indonesia
  • Noble Europe Ltd - UK
  • Kohat Cement Company Ltd. - Pakistan
  • Madhucon Powers Ltd - India
  • Britmindo - Indonesia
  • Ministry of Transport, Egypt
  • Toyota Tsusho Corporation, Japan
  • Indogreen Group - Indonesia
  • Medco Energi Mining Internasional
  • Vitol - Bahrain
  • CNBM International Corporation - China
  • Aditya Birla Group - India
  • SN Aboitiz Power Inc, Philippines
  • Vizag Seaport Private Limited - India
  • Maruti Cements - India
  • Leighton Contractors Pty Ltd - Australia
  • New Zealand Coal & Carbon
  • Thailand Anthracite
  • Commonwealth Bank - Australia
  • Thomson Reuters GRC
  • Essar Steel Hazira Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • OCBC - Singapore
  • Platts
  • Inspectorate - India
  • Standard Chartered Bank - UAE
  • GB Group - China
  • India Bulls Power Limited - India
  • CCIC - Indonesia
  • Bangkok Bank PCL
  • Bhoruka Overseas - Indonesia
  • EIA - United States
  • Goldman Sachs - Singapore
  • ANZ Bank - Australia
  • Arch Coal - USA
  • Tata Power - India
  • globalCOAL - UK
  • Peabody Energy - USA
  • Wood Mackenzie - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • CIMB Investment Bank - Malaysia
  • Bahari Cakrawala Sebuku - Indonesia
  • Electricity Generating Authority of Thailand
  • Gujarat Sidhee Cement - India
  • Jindal Steel & Power Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Global Business Power Corporation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Lafarge - France
  • Uttam Galva Steels Limited - India
  • Maybank - Singapore
  • Siam City Cement - Thailand
  • McConnell Dowell - Australia
  • Freeport Indonesia
  • Kumho Petrochemical, South Korea
  • Mercator Lines Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • The State Trading Corporation of India Ltd
  • Kobe Steel Ltd - Japan
  • Ince & co LLP
  • London Commodity Brokers - England
  • Price Waterhouse Coopers - Russia
  • TRAFIGURA, South Korea
  • Sarangani Energy Corporation, Philippines
  • SASOL - South Africa
  • Total Coal South Africa
  • Planning Commission, India
  • Intertek Mineral Services - Indonesia
  • CESC Limited - India
  • Australian Coal Association
  • Idemitsu - Japan
  • Straits Asia Resources Limited - Singapore
  • Metalloyd Limited - United Kingdom
  • Bayan Resources Tbk. - Indonesia
  • IHS Mccloskey Coal Group - USA
  • ACC Limited - India
  • Deutsche Bank - India
  • Cardiff University - UK
  • Baramulti Group, Indonesia
  • Platou - Singapore
  • CoalTek, United States
  • Indika Energy - Indonesia
  • Vedanta Resources Plc - India
  • Altura Mining Limited, Indonesia
  • Rio Tinto Coal - Australia
  • Central Java Power - Indonesia
  • KPCL - India
  • Singapore Mercantile Exchange
  • JPower - Japan
  • Rashtriya Ispat Nigam Limited - India
  • South Luzon Thermal Energy Corporation
  • Bukit Baiduri Energy - Indonesia
  • UBS Singapore
  • VISA Power Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • UOB Asia (HK) Ltd
  • San Jose City I Power Corp, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Electricity Authority, New Zealand
  • The University of Queensland
  • Coal and Oil Company - UAE
  • Bharathi Cement Corporation - India
  • The Treasury - Australian Government
  • Indorama - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • SGS (Thailand) Limited
  • bp singapore
  • Chettinad Cement Corporation Ltd - India
  • Larsen & Toubro Limited - India
  • Malco - India
  • Permata Bank - Indonesia
  • Enel Italy
  • Petrochimia International Co. Ltd.- Taiwan
  • HSBC - Hong Kong
  • Indonesian Coal Mining Association
  • Sojitz Corporation - Japan
  • White Energy Company Limited
  • World Bank
  • Shenhua Group - China
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Xstrata Coal
  • Parry Sugars Refinery, India
  • KPMG - USA
  • Coal India Limited
  • Bank of America
  • Ministry of Finance - Indonesia
  • Australian Commodity Traders Exchange
  • Kapuas Tunggal Persada - Indonesia
  • Cemex - Philippines
  • Indonesia Power. PT
  • Berau Coal - Indonesia
  • Oldendorff Carriers - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Grasim Industreis Ltd - India
  • Bhatia International Limited - India
  • Port Waratah Coal Services - Australia
  • LBH Netherlands Bv - Netherlands
  • Fearnleys - India
  • Bank of China, Malaysia
  • Manunggal Multi Energi - Indonesia
  • Bhushan Steel Limited - India
  • GNFC Limited - India
  • PowerSource Philippines DevCo
  • Infraline Energy - India
  • Qatrana Cement - Jordan
  • Semirara Mining and Power Corporation, Philippines
  • Thermax Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • JPMorgan - India
  • PetroVietnam Power Coal Import and Supply Company
  • Russian Coal LLC
  • Marubeni Corporation - India
  • IEA Clean Coal Centre - UK
  • Malabar Cements Ltd - India
  • Renaissance Capital - South Africa
  • Asmin Koalindo Tuhup - Indonesia
  • Cosco
  • Orica Australia Pty. Ltd.
  • Runge Indonesia
  • Adani Power Ltd - India
  • PetroVietnam
  • Tata Chemicals Ltd - India
  • ING Bank NV - Singapore
  • Maheswari Brothers Coal Limited - India
  • IMC Shipping - Singapore
  • Orica Mining Services - Indonesia
  • Indian Energy Exchange, India
  • Adaro Indonesia
  • Merrill Lynch Commodities Europe
  • Posco Energy - South Korea
  • Coastal Gujarat Power Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Star Paper Mills Limited - India
  • Coeclerici Indonesia
  • Cebu Energy, Philippines
  • Geoservices-GeoAssay Lab
  • Riau Bara Harum - Indonesia
  • Power Finance Corporation Ltd., India
  • Thai Mozambique Logistica
  • Energy Link Ltd, New Zealand
  • World Coal - UK
  • Edison Trading Spa - Italy
  • GAC Shipping (India) Pvt Ltd
  • Ernst & Young Pvt. Ltd.
  • Dalmia Cement Bharat India
  • Meenaskhi Energy Private Limited - India
  • Deloitte Consulting - India
  • Kobexindo Tractors - Indoneisa
  • GHCL Limited - India
  • Aboitiz Power Corporation - Philippines
  • Coaltrans Conferences
  • Jorong Barutama Greston.PT - Indonesia
  • Agrawal Coal Company - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • SMG Consultants - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Borneo Indobara - Indonesia
  • Sakthi Sugars Limited - India
  • BRS Brokers - Singapore
  • PLN - Indonesia
  • Samsung - South Korea
  • Reliance Power - India
  • Samtan Co., Ltd - South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • WorleyParsons
  • Inco-Indonesia
  • Barasentosa Lestari - Indonesia
  • Banpu Public Company Limited - Thailand
  • Global Coal Blending Company Limited - Australia
  • Pendopo Energi Batubara - Indonesia
  • Binh Thuan Hamico - Vietnam
  • The India Cements Ltd
  • Semirara Mining Corp, Philippines
  • Sree Jayajothi Cements Limited - India
  • PNOC Exploration Corporation - Philippines
  • J M Baxi & Co - India
  • Central Electricity Authority - India
  • Energy Development Corp, Philippines
  • ICICI Bank Limited - India
  • Mjunction Services Limited - India
  • Karaikal Port Pvt Ltd - India
  • RBS Sempra - UK
  • Bukit Makmur.PT - Indonesia
  • Panama Canal Authority
  • Pinang Coal Indonesia
  • Tamil Nadu electricity Board
  • Tanito Harum - Indonesia
  • Anglo American - United Kingdom
  • SMC Global Power, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Moodys - Singapore
  • Kideco Jaya Agung - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Sucofindo - Indonesia
  • KOWEPO - South Korea
  • NALCO India
  • Merrill Lynch Bank
  • Mitra SK Pvt Ltd - India
  • Eastern Coal Council - USA
  • Vijayanagar Sugar Pvt Ltd - India
  • Parliament of New Zealand
  • Clarksons - UK
  • Barclays Capital - USA
  • Eastern Energy - Thailand
  • TeaM Sual Corporation - Philippines
  • MEC Coal - Indonesia
  • Thriveni
  • Carbofer General Trading SA - India
  • OPG Power Generation Pvt Ltd - India
  • Asian Development Bank
  • Cement Manufacturers Association - India
  • Petrosea - Indonesia
  • SUEK AG - Indonesia
  • PLN Batubara - Indonesia
  • Indian Oil Corporation Limited
  • Economic Council, Georgia
  • Therma Luzon, Inc, Philippines
  • BNP Paribas - Singapore
  • Antam Resourcindo - Indonesia
  • Heidelberg Cement - Germany
  • Alfred C Toepfer International GmbH - Germany
  • GVK Power & Infra Limited - India
  • Lanco Infratech Ltd - India
  • Siam City Cement PLC, Thailand
  • Arutmin Indonesia
  • Kaltim Prima Coal - Indonesia
  • Vale Mozambique
  • Romanian Commodities Exchange
  • Salva Resources Pvt Ltd - India
  • EMO - The Netherlands
  • Latin American Coal - Colombia
  • Mitsubishi Corporation
  • McKinsey & Co - India
  • MS Steel International - UAE
  • Humpuss - Indonesia
  • Trasteel International SA, Italy
  • Mercuria Energy - Indonesia
  • Videocon Industries ltd - India
  • Maersk Broker
  • Formosa Plastics Group - Taiwan
  • Surastha Cement
  • Kepco SPC Power Corporation, Philippines
  • DBS Bank - Singapore
  • Mitsui
  • Neyveli Lignite Corporation Ltd, - India
  • Savvy Resources Ltd - HongKong
  • Simpson Spence & Young - Indonesia
  • ASAPP Information Group - India
  • Petron Corporation, Philippines
  • Mintek Dendrill Indonesia
  • PTC India Limited - India
  • TNPL - India
  • Gresik Semen - Indonesia
  • Gupta Coal India Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • Rudhra Energy - India
  • Timah Investasi Mineral - Indoneisa
  • Sical Logistics Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Wilmar Investment Holdings
  • Globalindo Alam Lestari - Indonesia
  • Mechel - Russia
  • Jaiprakash Power Ventures ltd
  • Thiess Contractors Indonesia
  • Bangladesh Power Developement Board
  • Meralco Power Generation, Philippines
  • ETA - Dubai
  • Indian School of Mines
  • Jatenergy - Australia
  • Cargill India Pvt Ltd
  • KEPCO - South Korea
  • European Bulk Services B.V. - Netherlands
  • Bulk Trading Sa - Switzerland
  • Gujarat Electricity Regulatory Commission - India
  • U S Energy Resources
  • Interocean Group of Companies - India
  • APGENCO India
  • Minerals Council of Australia
  • Maharashtra Electricity Regulatory Commission - India
  • Iligan Light & Power Inc, Philippines
  • Attock Cement Pakistan Limited
  • Ministry of Mines - Canada
  • Coalindo Energy - Indonesia
  • Africa Commodities Group - South Africa
  • Ambuja Cements Ltd - India
  • Core Mineral Indonesia
  • Makarim & Taira - Indonesia