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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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Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
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- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- PTC India Limited - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Australian Coal Association
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
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