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Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, consisting bond and loan.
CEO of PT Recapital Advisors Rosan P. Roeslani, parent of PT Bukit Mutiara and PT Berau Coal Energy, said the group will use the financing to refinance debt and prop up business expansion.
"We will offload 18.2% stakes of Berau Coal Energy into the market, targeting US$300 million in cash," he said.
Bukit Mutiara will enter the bond market in June or July. The 7 year bond is arranged by Credit Suisse.
Rosan said Berau Coal will jack up production capacity to 30 million tons of coal in 2014.
Source: Insider Stories
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Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
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- Iligan Light & Power Inc, Philippines
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- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
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- Eastern Coal Council - USA
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- The Treasury - Australian Government
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- Gujarat Electricity Regulatory Commission - India
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- Rio Tinto Coal - Australia
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- The State Trading Corporation of India Ltd
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- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
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- Kaltim Prima Coal - Indonesia
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- White Energy Company Limited
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- CIMB Investment Bank - Malaysia
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- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
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- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
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- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
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- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Deloitte Consulting - India
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- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
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- Minerals Council of Australia
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- Sinarmas Energy and Mining - Indonesia
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- Australian Coal Association
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- Dalmia Cement Bharat India
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- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ambuja Cements Ltd - India
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- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
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