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Sunday, 05 September 10
HARUM ENERGY EYES 7.4 MILION TONS OF COAL OUTPUT IN 2010
Indonesia's coal miner PT Harum Energy Tbk, controlled by Indonesian tycoon Kiki Barki, is eyeing 7.4 million tons of coal production in 2010, a 27.58% higher than 5.78 million tons of coal production last year.
The target is expected from PT Mahakam Sumber Jaya of 5.2 million tons and PT Santan Batubara of 2.2 million tons.
In 2009, Harum Energy's subsidiary PT Mahakam Sumber Jaya (MSJ) produced 4.53 million tons and PT Santan Batubara (SB) produced 1.25 million tons.
In MSJ, Harum Energy controls 80% stakes and 50% stakes in Santan Batubara. PT Indika Energy, through its wholly owned subsidiary PT Petrosea Tbk (PTRO) owns the remaining stakes.
In the first quarter of 2010, Harum Energy produced 1.72 million tons of coal. MSJ produced 1.09 million tons and SB produced 0.64 million tons.
Referring to the 7.4 million tons of coal production target, Harum Energy should produce 5.68 million tons of coal during three respective quarters in 2010. In 2011, Harum Energy plans to jack up its coal production to 10 million tons and 13 million tons in 2012.
Source: Insider Stories
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Monday, 06 September 10
DRY BULK MARKET GAINS 6.05% ON WEEK, BOOSTED BY CAPESIZE VESSELS
The dry bulk market is looking to capitalize last week’s gains of more than 6 percent in this week, as the capesize segment seems to be on a h ...
Sunday, 05 September 10
THE FREIGHT MARKET WAS BIT VOLATILE WITH NO CLEAR INDICATION OF THE MARKET - CAPT REDDY
COALsopot.com: The freight market was bit volatile with no clear indication of the market.
However the BDI continued the upward trend mainly due ...
Sunday, 05 September 10
NOROCHCHOLAI POWER PLANT TO BE COMMISSIONED ON JANUARY 1
Daily news reported that, the Norochcholai coal power plant will be commissioned on January 1, 2011 adding 300 megawatts to the national power grid ...
Friday, 03 September 10
BANPU CUTS INDONESIAN HOLDING BUT ITM REMAINS KEY STRATEGIC UNIT - BANGKOK POST
"SET-listed Banpu Plc, Asean's largest coal miner, yesterday announced the sale of an 8.72% stake in its listed coalmining holding company in ...
Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
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- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
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