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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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Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
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- Eastern Coal Council - USA
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- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
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- Electricity Authority, New Zealand
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- White Energy Company Limited
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- Petron Corporation, Philippines
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- Romanian Commodities Exchange
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- Miang Besar Coal Terminal - Indonesia
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- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
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- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
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- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
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- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
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- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
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- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
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- Interocean Group of Companies - India
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- Indian Oil Corporation Limited
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- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
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- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
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- PTC India Limited - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- The University of Queensland
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
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- VISA Power Limited - India
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- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
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- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
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- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
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- The Treasury - Australian Government
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- Baramulti Group, Indonesia
- Parliament of New Zealand
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- CIMB Investment Bank - Malaysia
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