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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
 FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to supply material handling equipment to its coal mine in the Tanjung district of South Kalimantan, some 1000 km from the Indonesian capital, Jakarta.
The material handling equipment will be part of Adaro's expansion of its mining operations and will decrease the average hauling distance of the overburden trucking operations as well as reduce the company's dependency on oil. The contract comprises an out-of-pit overburden crushing and conveying system, consisting of FLSmidth ABON sizers, RAHCO overland conveyors, and RAHCO mobile stacking conveyors. The system has a capacity of 12,000 tonnes per hour and an annual overburden volume of 40 million bank cubic metres. The contractual elements regarding construction, supervision and management, as well as field service, will be supplied by FLSmidth Indonesia.
"This material handling contract is the first in Indonesia and reflects a growing market in the region, particularly in the minerals sector where mining companies are expanding. Being the first of its kind in Indonesia, the project will act as a catalyst for other potential orders in the region and for our participation in the continued expansion of Adaro's mining activities, which makes the contract significant for FLSmidth," Group CEO of FLSmidth Jørgen Huno Rasmussen comments.
Handling of overburden represents one of the major costs and challenges in connection with open-pit mining operations. As mining companies expand and increase the depth of their mines, the amount of overburden rises and the demand for handling and removal equipment grows. FLSmidth's conveying systems can help solve this issue as a technological, economical and environmental alternative to traditional transport methods. FLSmidth has long been working on this solution in collaboration with mining companies across the globe and the contract with Adaro is now paving the way for this technology in Indonesia.
"Adaro has increased its production every year since 1992 and we are now among the top five exporters of thermal coal in the world - and all from just one site. Overburden mining and haulage is one of our biggest challenges. In 2010 we hauled 226 M bank cubic metres of overburden, and this year we are planning to haul more than 290 M bank cubic metres. The equipment supplied by FLSmidth will increase the efficiency with which this large amount of overburden is transported and help secure Adaro's unbroken track record of continuous growth," said Mr. Garibaldi Boy Thohir, President Director of Adaro Energy.
Source: FLSmidth
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Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...
Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...
Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...
Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...
Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
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