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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 inferior to 5,100 kcal/kg, to be effective 2014. “ICMA disagrees over this. We oppose it and plead for its postponement,” said, ICMA’s Executive Director Suhala Supriatna.
The government is currently drawing up a regulation to ban the export of coal below 5,100 kcal/kg (adb). The implementation of the regulation is expected as of January 12, 2014, aiming that the coal with low-grade can be upgraded upfront prior to export.
According to Suhala, there is no demonstrably proven and reliable technology to upgrade low calorific value coal to higher-grade coal. Currently existing is negligible technology only as applied by a Japanese UBC at an Arutmin mine. Binderless Coal Briquetting plant (BCB Plant) constructed in Tabang mine, Indonesia, which is owned by PT Bayan Resources.
When the regulation is enforced, many low grade coal producers will face the problem.
Constructing coal upgrading technology is costly, requiring at least over US$75 million. That is why, it entails incentives, such as a reduction in coal royalty and taxes. “we have not yet proposed. How much will the royalty and taxes be,” Suhala said.
According to him, the regulation is being drafted by bureaucrats, but they don’t understood the business as this is a tough regulation to implement. He calls [the government’s attention] not to control and dictate investments.
He notes at least there will be four low-grade coal producers being affected as they are already in the production stage. Those four coal producers together might produce 5 million ton or more per annum.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com. Translated by WB
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Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
" ...
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
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- Bhatia International Limited - India
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- Goldman Sachs - Singapore
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- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
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- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
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- Oldendorff Carriers - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
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- Minerals Council of Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
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- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
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- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
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