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Monday, 03 November 14
ADARO PRODUCED 41.90MT OF COAL FOR FIRST 9 MONTHS OF 2014
COALspot.com: Adaro’s coal production in the third quarter reached 14.03 Mt, a 2% increase compared to the same period of last year. According to Adaro, this increase was mainly due to a combination of sound contractors’ performance and good weather conditions.
Adaro has also sold 14.13Mt of coal during the quarter as Adaro continued to see solid demand for their coal, a report posted on company's website says.
At the end of 9M14, Adaro's coal production reached 41.90Mt. Adaro also planning to produce 54Mt to 56Mt for the year and coal sold reached 42.37Mt.
Adaro also produced 470k mt of Balangan Coal from Balangan’s operations, and sold 330K mt to customers in India and Thailand during the quarter. As Balangan coal continued to receive interest from a range of customers, Adaro plans to produce up to 1Mt of Balangan Coal for this year, the report says.
Adaro's overburden removal also increased 13% to 92.15 million bank cubic meter (Mbcm) for the same period.
According to Adaro, the company able to maintains strip ratio at a relatively flat level for two years in a row without harming Adaro's long-term mine plan due to the investment that, Adaro made to increase overburden removal during higher coal price environment.
"Despite the continued weakness in coal price, Adaro is doing relatively well and remains on track to achieve this year’s guidance and long-term objectives of creating maximum sustainability value from Indonesian coal," says Adaro.
In 3Q14, Adaro has increased barging 5% to 13.21Mt, and loading was increased 3% to 13.92Mt. Adaro also loaded 67% of tonnage through floating cranes, 12% through self-geared vessels and 5% through the IBT terminal, with 16% barged directly to domestic customers.
Adaro claimed that, they have spent US$602,805 on exploration in the quarter, a 10% decrease from US$671,153 on the same period last year.
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Friday, 31 October 14
BUKIT ASAM'S NET PROFIT ROSE 27.42% FOR THE PERIOD JANUARY - SEPTEMBER 2014
COALspot.com: Publicly listed coal miner Bukit Asam reported solid profits in the first nine months of 2014 year.
Coal miner Bukit Asam manage ...
Friday, 31 October 14
U.S PRODUCED AROUND 19.3 MMST OF COAL IN A WEEK
COALspot.com – United States the world's one of largest coal producers, produced approximately 19.3 million short tons (mmst) of coal in ...
Thursday, 30 October 14
COAL & GRAINS SUPPORT PANAMAX AND IRON ORE SUPPORTS CAPES
Handy
The Atlantic market has been flat this week. Rates are up about US$ 200 from last week on the TA´s, but the volumes are about the sam ...
Thursday, 30 October 14
DOES A LOU ARBITRATION AGREEMENT FOR THE UNDERLYING CARGO CLAIM COMPLETELY REPLACE THE BILL OF LADING ARBITRATION CLAUSE? - INCE &CO
KNOWLEDGE TO ELEVATE
In the context of cargo claims brought under four bills of lading, the Commercial Court has recently considered whether a ...
Wednesday, 29 October 14
GOOD REASON WHY Q4 CAPESIZE OUTLOOK WAS SO BULLISH AT START OF THE YEAR - COMMODORE RESEARCH
COALspot.com: There was good reason why so many analysts' capesize outlook for Q4 was so very strong at the start of this year. Brazilian ...
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- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Indian Energy Exchange, India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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