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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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Wednesday, 15 October 14
NEWCASTLE SHIPPED 13.96 MILLION TONS OF COAL IN SEPTEMBER; UP 5.72%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1,227.7 wor ...
Tuesday, 14 October 14
KING COAL UNDER ATTACK? - EVA TZIMA
With the last quarter of the year being well underway and with no strong signs that the Dry Bulk market could be ready for a big positive reversal, ...
Tuesday, 14 October 14
THE NEW CHINESE TRANSPORTATION TAX LAW: WHAT DOES IT MEAN FOR GREEK SHIPPING? - DELOITTE
China has recently promulgated a new law which imposes tax on profits from freights of inbound routes. The objective of the new tax law titled &ldq ...
Monday, 13 October 14
CHINESE COAL IMPORT TARIFFS YET ANOTHER BLOW TO AUSTRALIAN COAL EXPORTS - TIM BUCKLEY
COALspot.com: China’s unexpected move to reintroduce thermal coal import tariffs of 6% will have a materially negative impact on the viabilit ...
Monday, 13 October 14
NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 54.92, SGX DATA SHOWS
COALspot.com: API 5 FOB Newcastle Coal swap for delivery Q4' 2014 decreased US$ 0.80 (-1.46%) month over month and US$ 0.52 (-0.95%) week over ...
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- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- The University of Queensland
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- White Energy Company Limited
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
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