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Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
 PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro MetCoal Companies (AMC), 7% higher compared to 2018 and higher than our 2019 production guidance of 54-56 Mt.
According to Adaro Energy Quarterly Activities Report Fourth Quarter of 2019, Overburden removal reached 272.09 million bank cubic meter (Mbcm), 1% lower y-o-y, and resulted in a blended actual strip ratio of 4.69x for 2019. The strip ratio result was slightly higher than the company’s 2019 guidance of 4.56x.
Adaro’s report further noted that, solid demand for their thermal and metallurgical coal products underpinned their 2019 sales achievement of 59.18 Mt, 9% higher year-over-year (y-o-y).The Southeast Asia region remained as Adaro’s leading sales destination, constituting 42% of AE’s sales in 2019. AE’s coal production in 4Q19 reached 13.91 Mt, 8% lower than 4Q18, to comply with the production plan of each coal mining subsidiary and coal sales in 4Q19 was 14.52 Mt, a 4% decrease from 4Q18. Overburden removal in 4Q19 reached 62.07Mbcm, and resulted in a strip ratio of 4.46x, 10% and 3% lower compared to 4Q18.
Adaro Energy’s Quarterly Activities Report Fourth Quarter of 2019 further said, despite macro and industry challenges in 2019, demand for Adaro coal remained solid. Customers continued to inquire for company’s Envirocoal product as they recognize and value the low pollutant content of the coal and the reliability of supply company provides.
Sales to Southeast Asia, according to the report, including Indonesia, constituted 42% of total sales volume in 2019. The company’s sales volume to Southeast Asia increased 14% y-o-y. Indonesia and Malaysia were Adro’s two biggest markets in Southeast Asia. Meanwhile, East Asia made up 29% of sales, followed by India and China at 15% and 12%, respectively. This is in line with India’s higher coal import in 2019.
The following shows the geographical breakdown of Adaro’s customers in 2019.
Southeast Asia 42% | East Asia 29% (Excluding China) | India 15% | China 12% AND Others 2% (include Europe, New Zealand and Pakistan)
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Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...
Thursday, 20 February 20
CHINA RESUMES OVER 70 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA
China has resumed 70.2 percent of its coal production capacity with output recovering steadily amid the fight against the novel coronavirus epidemi ...
Thursday, 20 February 20
CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
China’s domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more tha ...
Wednesday, 19 February 20
KOREA MIDLAND POWER INVITED BIDS FOR 1 MILLION TONS OF HCV AND LCV COAL FOR Q2- Q4 LOADING
COALspot.com: Korea Midland Power Co. Ltd, (KOMIPO). has issued an international tender for total 1 million MT of coal for April to December 2020 l ...
Wednesday, 19 February 20
GLENCORE WRITES OFF ALMOST $1 BILLION AT COLOMBIAN COAL MINES DUE TO FALLING EUROPEAN IMPORTS: BLOOMBERG
The economic case against European coal is proving too much for even Glencore Plc.
The world’s biggest coal shipper cut the va ...
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- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Economic Council, Georgia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
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