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Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
 Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indonesia, confirming a preferred 20 million tonne per annum production rate. The company anticipates project construction work at EKCP to start in 2010 and take two years to complete.
Churchill Mining Plc's wholly owned subsidiary PT Indonesia Coal Development has been selected as a prospective thermal coal supplier to Indonesia's PT Cirebon Electric Power, which is building a 660 MW power plant in West Java which is due to start operations in 2011.
Churchill has put the project's infrastructure items out to tender and this process is well advanced. To date the bids received have been well below predicted costs due to the resurgence in global manufacturing and engineering capabilities following the global financial downturn.
It anticipates completion of its tender process and final evaluation of the bids by the end of January 2010. It will then be in a position to further inform investors of the expected capital cost and life-of-mine financial returns.
The feasibility study envisages that the EKCP coal will be transported from the mine, ultimately made up of three open pits, using a 160 kilometers overland conveyor system comprising eight flights at a speed of 5 metres per second, powered by a coal-fired plant using EKCP coal.
Churchill is now undertaking final bathymetric and wave, wind and tide studies for the future port facility. Tenders for the port piling and coal loader have been received.
Mr Paul Mazak CEO of Churchill Mining said that "We look forward to announcing the associated results of our economic modeling early next year. Churchill is still evaluating how best to generate value for shareholders. Our options include the sale of the project or company, the development of EKCP with a JV partner or the financing and implementation of the EKCP by Churchill itself. We continue to have discussions with a number of interested parties and the company hopes to be position next year to announce the results from these negotiations."
Source: Steel Guru
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Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...
Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...
Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...
Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...
Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
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- Central Electricity Authority - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Planning Commission, India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
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