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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$250 million to purchase heavy equipments, said Insider Stories.
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Tuesday, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie
At Coa ...
Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...
Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...
Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...
Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
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- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- GMR Energy Limited - India
- White Energy Company Limited
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
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