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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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Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...
Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...
Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...
Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...
Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
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- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
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