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Friday, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
 As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase compare to 40.59 million tons in the 2009. The 2010's coal production reached 94 percent of its target of 45 million tons despite rainfall and number of rain days.
In an official statement submitted to Indonesia Stock Exchange (IDX), Adaro has reported that, production from the new Wara pit was less affected as it is in the initial stages of development and benefited from a low overburden stripping ratio.
Insider stories further reported that, Adaro's coal sales volume increased 6 percent to 43.84 million tons last year from 41.40 million tons in the previous year. These sales includes the third party coal sales sold by Coaltrade of 1.39 million tons and Envirocoal-Wara of 2.05 million tons.
The miner plans to ramp up production to 46 million tons-48 million tons of coal, including 4 million tons-5 million tons of Envirocoal-Wara in this year. This new product continues to receive strong demand from countries such as India, China, South Korea, and Indonesia.
Coal mining & overburden
PT Pamapersada Nusantara, a wholly owned subsidiary of PT United Tractors Tbk (UNTR), was responsible for 39 percent of Adaro Indonesia’s coal last year. PT Bukit Makmur Mandiri Utama (BUMA), a wholly owned subsidiary of PT Delta Dunia Makmur Tbk (DOID) and PT Rahman Abdijaya (RAJ) were responsible for 19 percent and 14 percent respectively. Slightly less than 2009, Adaro Energy’s subsidiary PT Saptaindra Sejati (SIS) managed 25 percent of the total while Adaro Indonesia itself handled 1%.
PT Rante Mutiara Insani (RMI) assisted in the development of the Envirocoal-Wara pit and contributed 2 percent of Adaro Indonesia’s coal production. In 2010, Pamapersada handled 40 percent of Adaro’s overburden, while BUMA, RAJ, RMI and Adaro Indonesia handled 19%, 8%, 2% and 1% respectively.
SIS handled 30percent, a similar portion as the 31% handled in 2009.
Despite the wet conditions, overburden removal increased 10 percent in 4Q10 to 60.35 million bank cubic meter (bcm). The average overburden removal per day was 710,000 bcm, 616,000 bcm and 648,000 bcm in October, November and December, respectively last year. A new daily production overburden record of 915,000 bcm was set on October 23rd.
In 2010, overburden removal increased 8% to 226 million bcm, however due primarily to the impact of wet weather Adaro’s contractors achieved only 88% of the plan. The rate of increase was well below the 31% increase in 2009, indicating the impact of not having a dry season in 2010. Reported by Insider Stories
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Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...
Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...
Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy
Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...
Thursday, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...
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- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- The University of Queensland
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
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