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Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
 COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has called attention to this fact. During a convention of the Evangelische Akademie Tutzing, the experts corrected descriptions of the reserves situation originating from the Energy Watch Group, which is associated with the Greens. The coal importers regard the statements made by this group predicting an imminent decline in world production to be misleading as they are in part wrong and ideologically based .
The time period of 120 years for profitably minable coal reserves is based on figures from the German Federal Institute for Geosciences and Natural Resources (BGR ). These figures show that hard coal will be a vailable for a significantly longer time than oil or natural gas. Moreover, coal is the primary energy source with the fastest growth rate in consumption.
It will cover a major part of energy demand until 2030, above all in Asian countries.
According to forecasts by the International Energy Agency (IEA), the world population will grow by 1.4 billion to over eight billion within the next 20 years. This translates into growth of the world population each year by a figure corresponding approximately to the total population of Germany.
At the same time, energy consumption will grow over proportionately by 30%.
If this demand is to be met, all of the forms of energy must be utilised. Despite the massive increase in renewable energy sources, the fossil energy sources coal, oil and gas will cover 75% of the additional consumption up to the year 2030. Against this back drop, the development of the CCS technology (carbo n - capture - storage) clearly proves to be important; without it, any improvement in the climate will be very expensive.
The new technology represents greater export opportunities, especially for Germany, than the comparatively simple technologies of wind or solar energy, which are more easily copied and are already being imitated in other countries.
Source: Global Press / The German Coal Importer Association
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Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
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- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- London Commodity Brokers - England
- White Energy Company Limited
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
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