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Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) for takeover of coal mining companies as quoted by Insider Stories.
"We have to realize acquisition of coal companies this year," said Harum President Director Ray Antonio Gunara as quoted by Kontan daily today.
According to him, Harum is focusing on acquisition of coal mining with 5,000 kcalories. "We aim to buy coal mining in East Kalimantan as the company has rolled out infrastructure for coal mining in these area."
To support the acquisition, the company has Rp 1.03 trillion (approximately US$ 120.284 mln) of internally generated cash flow and Rp1.56 trillion (approximately US$ 182.179 mln) loan facility obtained from Bank DBS Ltd Singapore.
Harum, with coal reserves of 112.6 million tons, targets 10.4 million tons output this year, an increase from 7.4 million tons last year. The company owns three subsidiaries dubbed PT Santan Batubara, a joint venture with subsidiary of PT Indika Energy Tbk, PT Mahakam Sumber Jaya, and PT Tambang Batubara Harum.
"Production from Tambang Batubara Harum may reach 500,000 tons," Ray said.
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Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...
Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...
Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...
Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy
The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...
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- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- The University of Queensland
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
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