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Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint venture company with BHP Billiton.
Adaro, via a subsidiary namely PT Alam Tri Abadi, owns 25% shareholding in IndoMet Coal and BHP controls the remaining stake in the coking coal miner with concessions in South and East Kalimantan, as quoted by Insider Stories.
Insider Stories furhter said, Adaro owns 25% shareholdings in seven units of BHP such as PT Maruwai Coal, PT Juloi Coal, PT Kalteng Coal, PT Sumber Barito Coal, PT Lahai Coal, PT Ratah Coal, and PT Pari Coal.
“At end of first quarter last year, we acquired 25% stake from BHP worth US$334.73 million. We will spend US$100 million in 2011,” said Adaro Corporate Secretary Devindra Ratzarwin as quoted by Investor Daily today.
He said the investment in IndoMet Coal is beyond the total capital expenditure set by Adaro.
Adaro plans to spend US$608 million-US$628 million capex this year. For routine expenses, the company will spend US$175 million and US$250 million to purchase heavy equipments, said Insider Stories.
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Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
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- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- The University of Queensland
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
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