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Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly lower than July or 0.87 percent lesser than July 2011 price.
The Indonesian coal reference price, also known as the HBA, for August has fallen for the third consecutive month to US$117.21/t, from US$118.24/t in July.
The HBA has continued to fall since June. The HBA is the minimum price used for the calculation of taxes for producers pay for all future exports and domestic coal sales. It is calculated using a basket of indices, including the price is a monthly average of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index and the globalCOAL Index from the previous month.
Assessment basis of coal price reference was calculated considering coal with GCV (GAR) 6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.80%, Ash Content 15.00% and delivery free on Board (FOB) Vessel supply between 1 – 31 August 2011.
Eight brands of Indonesian coal which are most commonly traded in the market. The price marker is used to calculate other coal types with a quality similar to the coal price markers. For spot sales of 11-month or below 11-month supplies, will use coal price reference from the month of loading or B/L date.
For term contracts, the average of coal price reference for the last three months (from the month of price conclusion) is used to set coal prices for a one-year contract. Supplies are limited to a maxium of 12 months.
For sales in the barge, the reference price is reduced by barging and transshipment costs from barge to vessel.
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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
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