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Welcome to Novem Coal

Novem represents the auspicious number 9 & signifies nine resources required for deep understanding & operating a business successfully.

Novem Logo & color represents the following:

Diamond shape means Coal as fossil fuel shall be in demand valued like a diamond

Black: represents coal or black Diamond

Green:represents the green environment that we respect and will preserve & restore.

Orange: represents the high energy fuel

Blue: represents the clear blue skies resulting from our clean coal working conditions

The Nine resources that Novem Coal Possesses and that makes it set high Business standards and a leader in the coal industry are:

Experience Knowledge Law abiding & fair practices
Corporate Governance Commitment Network & strategic partnership
Growth & expansion Passion Social responsibility & employee care

These Nine resources is part of Novem group day to day Management and that makes its difference in its presence and operations and image worldwide.

Novem coal with over 20 years experience in Indonesia has embarked on its journey to acquire & mine coal assets, enter into strategic partnership with end users in power, assist major coal users to acquire coal assets and has plans for expansion to new coal producing countries Africa and establish itself as a strong & Reliable coal mining & trading company this decade.

 
Index GAR FOB MV
(US$ / mt)
ICI-1 6300 US$ 80.00
ICI-2 5800 US$ 72.00
ICI-3 5000 US$ 58.00
ICI-4 4200 US$ 41.00
ICI-5 3600 US$ 27.00

  Prices as on: 2 January 2014


THE EXPORT OF UNPROCESSED MINERALS WOULD NOT BE ALLOWED AFTER 12 JAN 2014 - INDONESIAN ENERGY MINISTER

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Freight market & BDI continues to be weak.

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The planned suspense over ban of minerals from Indonesia for export by second week January 2014 is expected to have a direct impact on the freight market.

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Total global demand for coal abt 7.5 billion tons, out of which abt 750 million tons is thermal coal trade. Indonesia continues to be No.1 exporter with abt 360 million tons & 65% exported to China & India.

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