We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 18 December 14
INDONESIA TO REVISE UP COAL OUTPUT TARGET TO 460 MILLION TONS IN 2015
COALspot.com: Indonesian government has revised up its next year coal output forecast to 460 million tons from its previous forecast of 421 million tons instead of revised down of its owned declared coal price reference in this month. The Indonesian coal price reference, known as HBA, stood at US$64.65 per ton in December, a 21 percent drop compared to the $81.9 per ton in January.
According to Jakarta post reports, the Energy and Mineral Resources Ministry’s mineral and coal director general, said the coal output target for next year will be 460 million tons with 110 million tons to be allocated for domestic market obligations and the remaining 350 million tons would be for export. The government says it is expecting to see higher coal production next year with the hope it will get more income to offset the continuing decline in global prices.
The output target represents an increase of about 9.5 percent from the maximum output of 421 million tons previously expected for this year, the Jakarta Post further said.
Early this month, the Indonesian Coal Mining Association (APBI), has called on the country’s miners to cut production by 100 million tonnes next year, from over 400 million tonnes of coal estimated for this year in a bid to boost slumping coal prices.
Previously, or until this new development, the government has been also trying to limit coal production to between below 421 million tons — the same level as last year’s production — as part of an attempt to save the resource for future use as well as avoid pressure on coal prices.
However, the government of Indonesia now revised up its target to produce more coal for more income. With higher coal output in 2015, as quoted by media, the mineral and coal office is expecting income from the sector to increase by Rp 10 trillion (approximately $ 787,004,471). The target will increase contributions from the mineral and coal sector to go above the 2015 state budget of Rp 40.6 trillion (approximately $ 3,194,869,995) and the government believes that, the higher contributions from the higher production volumes is seen as necessary to offset the decline in coal prices.
As quoted by the Jakarta post, coal has become a significant contributor to state revenues. Under this year’s state budget, contributions from the mineral and coal sector are targeted to reach Rp 39.67 trillion (approximately $ 3,133,429,441), of which around 70 percent is expected from coal.
The realization of the contribution is expected to be only around Rp 34 trillion (approximately $ 2,686,462,207), according to the mineral and coal office’s secretary Paul Lubis. As of the end of November, the sector collected Rp 30.51 trillion (approximately $ 2,409,341,707) for the state, the paper further said.
The low realization was partly because the country implemented a ban on the export of mineral ores starting on Jan. 12, the paper further reported.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 24 November 14
CHOPPY WATERS IN DRY BULK - SGX
COALspot.com: Dry bulk freight rates have experienced a sharp rise in volatility in recent weeks as bulk commodity supply has ramped up, said SGX i ...
Monday, 24 November 14
Q1 2015 FOB NEWCASTLE COAL SWAP CLOSED AT $ 52.73
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.73 on 21 November after losing US$ 0.40 (-0.75%) month ove ...
Monday, 24 November 14
CFR SOUTH CHINA COAL: Q2' 15 COAL SWAPS CLOSED LOWER COMPARED TO Q1' 15 SWAPS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 0.63 (-0.99%) month over month and US$ 0.12 (-0.19%) da ...
Sunday, 23 November 14
SPOT FREIGHT RATES IMPROVED SLIGHTLY OVER PREVIOUS WEEK
COALspot.com: The BDI was up 5.41 pct week on week and closed at 1,324 points on Friday. All the segments were up this week except Panamax index.&n ...
Sunday, 23 November 14
ITALY'S STEAM COAL IMPORTS TO DROP BY 11% IN 2014 - ASSOCARBONI
COALspot.com: Italy’s steam coal imports expected to drop to 16 million tons in 2014 (-11% compared to 2013); coking coal imports to plunge t ...
|
|
|
Showing 3351 to 3355 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Central Electricity Authority - India
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Australian Coal Association
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
|
| |
| |
|