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Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to Moody’s ratings agency.
Simon Wong, a vice president and senior analyst at Moody’s, said the planned construction of power plants across the region, Indonesia’s connections to the energy sector in the Asia Pacific, strong liquidity and an improved debt profile would support the domestic industry’s growth.
Utility companies in Indonesia, China and India are building more power plants that use thermal coal to satisfy the increasing demand for power in the region, which will in turn help keep coal prices high, Wong said.
“Indonesia’s coal miners have accelerated their strategies of vertical integration for the purposes of enhancing control over pit-to-port operations, operating efficiency and cost control,” he said in a statement.
Coal companies are looking to increase exploration for new sites while increasing production capacity at existing mines.
Wong said these strengths outweighed the possible risk that may come from the “uncertainty surrounding the global economy.”
He added, however, that there was still a risk of investing in coal in Indonesia, due to geographical factors, mixed product quality and still-evolving mining laws.
President Susilo Bambang Yudhoyono announced in March that unrefined coal exports would be banned from 2014, leading to what some observers have described as the “Indonesian coal rush.”
If the ban is implemented, miners will have to invest in processing facilities in Indonesia. The vast majority of coal mined in Indonesia at present is exported in its raw form and refined overseas.
Bob Kamandanu, chairman of the Indonesian Coal Mining Association, said coal production would remain stable next year, but he expected a slight decrease in prices. He forecast coal would cost $100 to $110 per ton next year, lower than the average price this year of $110 to $120 a ton.
He said the association maintained its national coal production target of 380 million tons next year, up from the 360 million ton target for this year.
The coal mining industry has been criticized recently by communities living near mining concessions. There have been claims of rights abuses, including forced displacement and environmental destruction to make way for mining projects that communities say rarely benefit them.
Indonesia is the world’s top exporter of thermal coal, most of which goes to China and India.
Source: The Jakarta Globe
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Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...
Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
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Showing 5001 to 5005 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- The University of Queensland
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
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