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Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project (ICP) with BHP Billiton, following confirmation of outstanding Government approvals.
Adaro has acquired 25% interest in the ICP joint venture for US$335 million, with BHP Billiton holding the remaining 75%.
“We are delighted to have received government approval and now formed the ICP joint venture and we look forward to working together with BHP Billiton, a global leader in the resources industry and the world’s largest coking coal producer, in developing this world class asset, which we expect will create significant shareholder value,” Adaro Energy's President Director Garibaldi Boy Thohir, said in a press statement.
BHP Billiton President Metallurgical Coal Hubie van Dalsen said “We are very pleased that the Indonesian Government has approved the formation of the joint venture with Adaro, a strong Indonesian partner who shares our values and our commitment to the protection of the region’s outstanding biodiversity. “We are progressing study work to identify development options across the seven coal contracts of work (CCOWs) which will now be known as the IndoMet Coal project.”
The projects of Maruwai mining are PT Maruwai Coal, PT Juloi Coal, PT Kalteng Coal, PT Sumber Barito Coal, PT Lahai Coal, PT Ratah Coal, and PT Pari Coal.
Source: Insider Stories
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Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
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- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Australian Coal Association
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
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