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Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
 One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of poor-quality coal, miners plan to invest in a project that would boost the quality of their low-grade coal for shipment overseas to avoid losing money, an association said.
The post further reported, the government wants the local industry to add value to low-ranked coal, which is typically used to fuel power plants, and turn it into high-grade coal in order to boost revenue. The miners must invest between $70 million to $80 million to build a facility to raise the quality of their coal, Supriatna Suhala, director executive of the Indonesian Coal Mining Association (APBI), said.
The state will begin to implement a 2009 regulation that will prohibit low-ranked coal to be exported and encourage companies to produce environment-friendly coal products.
“The miners would suffer a big loss unless they invest more to build the technology to raise the coal’s calories,” Supriatna said last week. The APBI represents 240 companies including Bumi Resources, the nation’s largest coal producer.
High-grade coal has a lower moisture content, is more fuel-efficient and has fewer pollutants than its low-grade counterpart. It typically has 6,100 kilo calories.
In order to increase the quality of the coal, mining companies would have to build a smelter, which is used in the industry to remove coal’s water content and increase its calories.
According to Rudi Vann, a researcher from energy consultants Wood Mackenzie, the use of coal upgrading technology such as a smelter increases the caloric content of coal by 24 percent. The coal’s price would increase about 45 percent.
Indonesia could export as much as 276 million tons of coal this year, most of it low-calorie coal shipped to India and China, APBI said. It forecast that Indonesia can produce as much as 354 million tons this year.
State utility Perusahaan Listrik Negara consumes approximately 50 million tons, which has about 4,200 kilo calories.
Deddy Saleh, director general of foreign trade at the Trade Ministry, said the government will increase the export tax for raw-mining products, including low-calorie coal, in 2014.
The rule will be implemented gradually, giving miners time to build the smelter upgrading factory, Deddy said.
Source: The Jakarta Globe (By - Ririn Radiawati Kusuma)
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Thursday, 21 July 11
DRY BULK RATES EDGE FURTHER DOWN ON WEAK MARKET SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell once again on Wednesday marking the ninth straight day of losses. The industry’s benchmark, the Baltic Dry Index (BDI ...
Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
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- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- The University of Queensland
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Minerals Council of Australia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
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