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Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
 The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its annual production of 500,000 metric tons of low-grade coal with Geo-Coal technology after the completion of its US$5 million mine-site commercial plant in Tamiang Layang, Central Kalimantan, by the end of this June.
“After the operation of the first plant, we are planning to build a second one by the end of this year and aim to produce 1 million metric tons per annum with a total investment $10 million,” Agritrade chief operating officer Ng Xinwei said Wednesday.
Ng hoped that with the Geo-Coal process, the company could produce Geo-Lite coal containing approximately 4,800 to 5,700 kilocalories (kcal) worth around $95-$105 per ton.
The company currently produces low-grade coal containing 4,000 kcal worth around $50 per ton.
Ng said the company planned to export 60 percent of its product to China and India, while the remaining 40 percent would be sold domestically.
According to the Indonesian Coal Mining Association (APBI), Indonesian coal miners expect to produce 340 million tons this year, an increase of 23 percent from 275 million tons last year. Twenty percent of that amount – around 70 million tons – will be allocated to fulfill domestic demand, while the remaining 80 percent will be exported.
TSI president director Harsudi Supandi said state electricity firm PT PLN would use his company’s upgraded coal for its 2x300 megawatt power generation plant in Labuan, Banten.
According to Harsudi, who is also the Geo-Coal founder, Geo-Coal processes raw brown coal with superheated steam, removing 60 to 80 percent of the moisture and increasing the energy content of the initial low-grade coal feedstock by 50 to 100 percent.
Geo-Coal technology also maintains the inherently low sulphur and ash levels of the low-grade coal feedstock, helping power generation plants meet today’s strict emissions standards.
The Geo-Coal upgrading process consists of five steps: the run-of-mine (ROM) coal preparation process, coal crushing process, drying process, setting process and cooling process.
Harsudi said that a successful coal upgrading process had to be economical.
“The total operating cost [including mining, upgrading, delivery and tax] is around $26-$30 per ton,” he said at Geo-Coal’s launching ceremony at the Grand Hyatt hotel in Central Jakarta. (drs)
Source: The Jakarta Post
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Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
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- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
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