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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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Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
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- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Marubeni Corporation - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
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