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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimantan, and PT Santan Batubara.
In a public expose material submitted to Indonesia Stock Exchange, Indika owns 46% stakes in Kideco which has coal reserves of 579 million tons with concession area of 50,400 hectares. In Kalimantan Barat's coal asset, Indika controls 90% stakes at 34,200 hectares concession area.
Through PT Petrosea Tbk (PTRO), Indika owns 50% stakes in Santan Batubara with 264 million tons of coal reserves.
Kideco Expansion
At the end of March 2010, Kideco, Indonesia's third largest coal mining company, produced 6.9 million tons of coal with overberden removal of 44.8 million bcm. Kideco's strip ratio reached 6.49.
Kideco has bought equipments such as dumptrucks, excavator, and the others. It has improved crushing plant and loading facilities. Kideco has initiated development of Samarangau pit which has the largest coal reserves at Kideco's concession area.
Samarangau is estimated to have coal resouces of 694 million tons and 348 million tons of coal reserves.
Santan Production
Santan Batubara is a joint venture between Petrosea, coal mining contractor acquired by Indika mid last year, and PT Harum Energy, a coal mine company owned by Indonesian tycoon Kiki Barki. Petrosea is responsible for coal mining contract and Harum Energy holds Santan's coal marketing.
Santan has commenced a commercial production in March 2009 by mining 1.25 million tons of coal. Santan has signed five contracts of overburden removal with Petrosea. The first productions this year and 2011 are estimated to obtain 2.5 million tons of coal annually.
In mrach 2010, Santan posted US$43.79 million in revenue and recorded 660,456 tons of coal in sales.
Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.
Source: Insider Stories
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Saturday, 08 May 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND PANAMAX / $ 21500 & SUPRAMAX / $ 18500 PER DAY - VISTAAR SHIPPING
COALspot.com: The BDI continued to go up and was up by 7.57 pct even though the stock markets was severely affected with worries on Greek debt crisi ...
Saturday, 08 May 10
MAHAGENCO TO IMPORT 3.35 MILLION TON OF COAL
COALspot.com: Indian utility Maharashtra State Power Generation Co. Ltd. is in market for 3.35 million tones of imported coal. The purchase of coal ...
Saturday, 08 May 10
NAPOCOR BUYS 122,000 TONS COAL - ABC CBN NEWS
ABC - CBN News reported that, State-run National Power Corp. (Napocor) said on Thursday it awarded 2 contracts for the supply of a total 122,000 ton ...
Saturday, 08 May 10
RICHARDS BAY COAL SHIPMENTS FALL TO AN 11-MONTH LOW - BLOOMBERG
Bloomberg reported that, Coal shipments from Richards Bay Coal Terminal, Africa’s biggest export facility for the fuel, fell to an 11-month lo ...
Tuesday, 04 May 10
APRIL 2010 COAL PRICE REFERENCE WAS US$ 86.58/T FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has publishing a monthly coal price reference (HBA) to be used by ...
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- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
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