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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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Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
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- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Australian Coal Association
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
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