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

Monday, 13 December 10
ICE FUTURES EUROPE TO LAUNCH IHS MCCLOSKEY INDONESIAN SUB-BITUMINOUS FOB MARKER COAL CONTRACTS - MONDOVISIONE
Mondovisione reported that, IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over ...


Monday, 13 December 10
NALCO TO START WORK ON RS 18K CR ($ 4,010,695,091) INDONESIAN PROJECT BY JUNE - MSN
MSN reported that, State-owned NALCO today said it has selected UAE-based RAK Minerals as JV partner for its Rs 18,000 crore (US$ 4,010,695,091 ...


Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the ne ...


Monday, 13 December 10
K SERA SERA TO SPEND RS325CR TO BUY COAL,OIL & GAS FIRMS STAKE - LIVE MINT
The company might have to dole out around Rs 225 crore (US$ 50,122,522) for picking up the majority stake in the coal mine in Indonesia and around R ...


Thursday, 09 December 10
OVERSUPPLY OF SHIPS BOUND TO KEEP DRY BULK FREIGHT RATES SUBDUED DURING 2011 SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
An oversupply of vessels is expected to keep freight rates from flying as high as in recent years said a relative shipping report from BIMCO’s ...


   1098 1099 1100 1101 1102   
Showing 5496 to 5500 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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