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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.
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)
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Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com – “India’s coal shortfall will reach 100 million mt by 2011-12”, said Lakshminarayana, Vice Preside ...
Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...
Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...
Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...
Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY
Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...
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Showing 5511 to 5515 news of total 6871 |
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- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- PTC India Limited - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
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