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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$671,153 on the same period last year.
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Wednesday, 08 October 14
IS THERE ANY BRIGHT SIDE ON THE DRY BULK SEGMENT? - YANNIS OLZIERSKY
In the movie “Life Of Brian”, a character on a nearby cross was singing the famous “Always look on the bright side of life” ...
Tuesday, 07 October 14
TAIPOWER TO IMPORT 525K MT OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com: Taiwan Power Company intends to procure 525,000 metric tons of low ash and extra low sulfur sub-bituminous coal for Taipower thermal ...
Tuesday, 07 October 14
SUB-BIT FOB INDONESIA COAL SWAP SHOWS A FLAT TO WEAK TREND THIS PAST WEEK
COALspot.com: Indonesian coal swaps November 2014 delivery flat week on week and gained US$ 0.10 (-0.20%) per mt day on day. The swap also lost US$ ...
Tuesday, 07 October 14
THE RIO TINTO CONFIRMS THAT NO DISCUSSIONS ARE TAKING PLACE WITH GLENCORE
COALspot.com: The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore.The Rio Tinto bo ...
Tuesday, 07 October 14
API 8 CFR SOUTH CHINA COAL SWAP HEADED SOUTH
COALspot.com: API 8 CFR South China Coal swap for delivery in November 2014 decreased US$ 1.10 (-1.64%) month over month and US$ 0.25 (-0.38%)  ...
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- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Australian Coal Association
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
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