COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...


Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...


Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...


Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...


Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...


   1001 1002 1003 1004 1005   
Showing 5011 to 5015 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Karbindo Abesyapradhi - Indoneisa
  • Indika Energy - Indonesia
  • Lafarge - France
  • The Treasury - Australian Government
  • RBS Sempra - UK
  • Directorate Of Revenue Intelligence - India
  • Infraline Energy - India
  • Minerals Council of Australia
  • Barasentosa Lestari - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Commonwealth Bank - Australia
  • Metalloyd Limited - United Kingdom
  • Shree Cement - India
  • New Zealand Coal & Carbon
  • DBS Bank - Singapore
  • Asia Cement - Taiwan
  • PTC India Limited - India
  • Kideco Jaya Agung - Indonesia
  • IMC Shipping - Singapore
  • PowerSource Philippines DevCo
  • Orica Mining Services - Indonesia
  • Bangkok Bank PCL
  • Orica Australia Pty. Ltd.
  • IOL Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Jatenergy - Australia
  • APGENCO India
  • Global Business Power Corporation, Philippines
  • ING Bank NV - Singapore
  • Bayan Resources Tbk. - Indonesia
  • UBS Singapore
  • Kobexindo Tractors - Indoneisa
  • ANZ Bank - Australia
  • Meenaskhi Energy Private Limited - India
  • GVK Power & Infra Limited - India
  • Wood Mackenzie - Singapore
  • Ministry of Transport, Egypt
  • Interocean Group of Companies - India
  • EIA - United States
  • Parliament of New Zealand
  • PetroVietnam
  • PLN Batubara - Indonesia
  • Kumho Petrochemical, South Korea
  • Krishnapatnam Port Company Ltd. - India
  • Humpuss - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mercuria Energy - Indonesia
  • ICICI Bank Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Indonesian Coal Mining Association
  • Bhoruka Overseas - Indonesia
  • Thailand Anthracite
  • Cemex - Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Cargill India Pvt Ltd
  • KPMG - USA
  • Sucofindo - Indonesia
  • Gresik Semen - Indonesia
  • Samtan Co., Ltd - South Korea
  • Energy Link Ltd, New Zealand
  • Jaiprakash Power Ventures ltd
  • Argus Media - Singapore
  • JPMorgan - India
  • Noble Europe Ltd - UK
  • IEA Clean Coal Centre - UK
  • Holcim Trading Pte Ltd - Singapore
  • Platts
  • TNPL - India
  • Bhushan Steel Limited - India
  • Medco Energi Mining Internasional
  • Arutmin Indonesia
  • SASOL - South Africa
  • Price Waterhouse Coopers - Russia
  • Sinarmas Energy and Mining - Indonesia
  • Glencore India Pvt. Ltd
  • Coeclerici Indonesia
  • Samsung - South Korea
  • London Commodity Brokers - England
  • Planning Commission, India
  • South Luzon Thermal Energy Corporation
  • Arch Coal - USA
  • Ambuja Cements Ltd - India
  • Pinang Coal Indonesia
  • Altura Mining Limited, Indonesia
  • Qatrana Cement - Jordan
  • Eastern Coal Council - USA
  • VISA Power Limited - India
  • Borneo Indobara - Indonesia
  • Fearnleys - India
  • Indian Oil Corporation Limited
  • Central Java Power - Indonesia
  • Maersk Broker
  • NALCO India
  • Indian Energy Exchange, India
  • Energy Development Corp, Philippines
  • Clarksons - UK
  • Sakthi Sugars Limited - India
  • Electricity Generating Authority of Thailand
  • Attock Cement Pakistan Limited
  • IBC Asia (S) Pte Ltd
  • PLN - Indonesia
  • TRAFIGURA, South Korea
  • Dalmia Cement Bharat India
  • Britmindo - Indonesia
  • Thomson Reuters GRC
  • Deloitte Consulting - India
  • Berau Coal - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Global Coal Blending Company Limited - Australia
  • Gujarat Sidhee Cement - India
  • Power Finance Corporation Ltd., India
  • Semirara Mining Corp, Philippines
  • Kobe Steel Ltd - Japan
  • Vale Mozambique
  • Rashtriya Ispat Nigam Limited - India
  • Coal and Oil Company - UAE
  • The State Trading Corporation of India Ltd
  • MS Steel International - UAE
  • Petrosea - Indonesia
  • Grasim Industreis Ltd - India
  • Savvy Resources Ltd - HongKong
  • Straits Asia Resources Limited - Singapore
  • Banpu Public Company Limited - Thailand
  • Formosa Plastics Group - Taiwan
  • Independent Power Producers Association of India
  • SN Aboitiz Power Inc, Philippines
  • Port Waratah Coal Services - Australia
  • Bharathi Cement Corporation - India
  • Coastal Gujarat Power Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Freeport Indonesia
  • Merrill Lynch Bank
  • Japan Coal Energy Center
  • Rio Tinto Coal - Australia
  • Indian School of Mines
  • Inspectorate - India
  • GHCL Limited - India
  • Standard Chartered Bank - UAE
  • bp singapore
  • Cardiff University - UK
  • Central Electricity Authority - India
  • Ministry of Mines - Canada
  • Vitol - Bahrain
  • Gupta Coal India Ltd
  • Ministry of Finance - Indonesia
  • The University of Queensland
  • Economic Council, Georgia
  • Kartika Selabumi Mining - Indonesia
  • Africa Commodities Group - South Africa
  • McConnell Dowell - Australia
  • Baramulti Group, Indonesia
  • EMO - The Netherlands
  • Wilmar Investment Holdings
  • Indogreen Group - Indonesia
  • Deutsche Bank - India
  • Antam Resourcindo - Indonesia
  • Riau Bara Harum - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Russian Coal LLC
  • Singapore Mercantile Exchange
  • KOWEPO - South Korea
  • Thai Mozambique Logistica
  • Sindya Power Generating Company Private Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Core Mineral Indonesia
  • JPower - Japan
  • Australian Commodity Traders Exchange
  • Xindia Steels Limited - India
  • Sojitz Corporation - Japan
  • Semirara Mining and Power Corporation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Australian Coal Association
  • LBH Netherlands Bv - Netherlands
  • Star Paper Mills Limited - India
  • Madhucon Powers Ltd - India
  • TANGEDCO India
  • Adani Power Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • CCIC - Indonesia
  • McKinsey & Co - India
  • Anglo American - United Kingdom
  • Larsen & Toubro Limited - India
  • Essar Steel Hazira Ltd - India
  • Binh Thuan Hamico - Vietnam
  • SGS (Thailand) Limited
  • Goldman Sachs - Singapore
  • Thermax Limited - India
  • Mjunction Services Limited - India
  • Manunggal Multi Energi - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Reliance Power - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Trasteel International SA, Italy
  • Kalimantan Lumbung Energi - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Tamil Nadu electricity Board
  • Ceylon Electricity Board - Sri Lanka
  • Bahari Cakrawala Sebuku - Indonesia
  • Siam City Cement PLC, Thailand
  • Rudhra Energy - India
  • Carbofer General Trading SA - India
  • Coal Orbis AG
  • Georgia Ports Authority, United States
  • BRS Brokers - Singapore
  • Siam City Cement - Thailand
  • Cosco
  • World Coal - UK
  • BNP Paribas - Singapore
  • Tata Chemicals Ltd - India
  • Makarim & Taira - Indonesia
  • Electricity Authority, New Zealand
  • Thriveni
  • Vedanta Resources Plc - India
  • Moodys - Singapore
  • Bangladesh Power Developement Board
  • Latin American Coal - Colombia
  • Bukit Baiduri Energy - Indonesia
  • TGV SRAAC LIMITED, India
  • Renaissance Capital - South Africa
  • Sarangani Energy Corporation, Philippines
  • Maybank - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • TeaM Sual Corporation - Philippines
  • Malco - India
  • CNBM International Corporation - China
  • Ernst & Young Pvt. Ltd.
  • Bukit Makmur.PT - Indonesia
  • India Bulls Power Limited - India
  • Bank of China, Malaysia
  • Salva Resources Pvt Ltd - India
  • Xstrata Coal
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Barclays Capital - USA
  • Aboitiz Power Corporation - Philippines
  • Runge Indonesia
  • Marubeni Corporation - India
  • San Jose City I Power Corp, Philippines
  • OCBC - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Permata Bank - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Maheswari Brothers Coal Limited - India
  • Mitsubishi Corporation
  • SMG Consultants - Indonesia
  • UOB Asia (HK) Ltd
  • ASAPP Information Group - India
  • Tanito Harum - Indonesia
  • MEC Coal - Indonesia
  • The India Cements Ltd
  • Agrawal Coal Company - India
  • Lanco Infratech Ltd - India
  • Uttam Galva Steels Limited - India
  • J M Baxi & Co - India
  • GN Power Mariveles Coal Plant, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Cebu Energy, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • PetroVietnam Power Coal Import and Supply Company
  • Jindal Steel & Power Ltd - India
  • Sical Logistics Limited - India
  • Romanian Commodities Exchange
  • European Bulk Services B.V. - Netherlands
  • HSBC - Hong Kong
  • Alfred C Toepfer International GmbH - Germany
  • Coal India Limited
  • International Coal Ventures Pvt Ltd - India
  • Coalindo Energy - Indonesia
  • Thiess Contractors Indonesia
  • Posco Energy - South Korea
  • WorleyParsons
  • SRK Consulting
  • GNFC Limited - India
  • Indonesia Power. PT
  • Jorong Barutama Greston.PT - Indonesia
  • GMR Energy Limited - India
  • Mitsui
  • Coaltrans Conferences
  • Timah Investasi Mineral - Indoneisa
  • Mintek Dendrill Indonesia
  • Videocon Industries ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Merrill Lynch Commodities Europe
  • Aditya Birla Group - India
  • White Energy Company Limited
  • Maruti Cements - India
  • Parry Sugars Refinery, India
  • ETA - Dubai
  • Idemitsu - Japan
  • Oldendorff Carriers - Singapore
  • Toyota Tsusho Corporation, Japan
  • CoalTek, United States
  • Mitra SK Pvt Ltd - India
  • SUEK AG - Indonesia
  • ACC Limited - India
  • PNOC Exploration Corporation - Philippines
  • Bhatia International Limited - India
  • Surastha Cement
  • NTPC Limited - India
  • Total Coal South Africa
  • Bank of America
  • Platou - Singapore
  • Heidelberg Cement - Germany
  • Karaikal Port Pvt Ltd - India
  • Intertek Mineral Services - Indonesia
  • KEPCO - South Korea
  • Cement Manufacturers Association - India
  • Therma Luzon, Inc, Philippines
  • Vizag Seaport Private Limited - India
  • CESC Limited - India
  • Adaro Indonesia
  • Shenhua Group - China
  • Inco-Indonesia
  • Malabar Cements Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bulk Trading Sa - Switzerland
  • Edison Trading Spa - Italy
  • Vijayanagar Sugar Pvt Ltd - India
  • SMC Global Power, Philippines
  • Mechel - Russia
  • Credit Suisse - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Asian Development Bank
  • Iligan Light & Power Inc, Philippines
  • Ince & co LLP
  • Panama Canal Authority
  • KPCL - India
  • CIMB Investment Bank - Malaysia
  • Eastern Energy - Thailand
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • GB Group - China
  • Ind-Barath Power Infra Limited - India
  • globalCOAL - UK
  • Directorate General of MIneral and Coal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Tata Power - India
  • Global Green Power PLC Corporation, Philippines
  • Petron Corporation, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Mercator Lines Limited - India
  • World Bank
  • Enel Italy
  • Chamber of Mines of South Africa
  • U S Energy Resources
  • Meralco Power Generation, Philippines
  • Indorama - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Peabody Energy - USA
  • Simpson Spence & Young - Indonesia
  • Geoservices-GeoAssay Lab
  • Asmin Koalindo Tuhup - Indonesia
  • Maharashtra Electricity Regulatory Commission - India