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Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 billion this year, following the operation of coal mining concession owned subsidiary of PT Bumi Karunia Pertiwi.
The Company has appointed PT Karunia Bumi Khatulistiwa as contractor for the coal mining in North Barito in Central Kalimantan, which is targeted to produce 300,000 tons of coal this year.
Director Suresh Vembu said the company has prepared a hauling road and supporting facilities to support its subsidiary, expected to contribute to company revenue this year.
"We expect that in the next two-three weeks, the mine could begin operations with a production target of 300,000 tons and rising to 1.5 million tons next year. Coal sales target is dependent on price, currently in the price range of US$ 70-80 per ton, "he told Bisnis Indonesia. The estimated sales value, assuming sales of 300,000 tons, is Rp 189-216 billion by the end of 2011.
AKR’s China based coal terminal has managed to sell 5 million metric tons last year and the company has plans to construct another coal terminal at Buntok Baru at Barito river in Central Kalimantan. The terminal will be build on a 38-hectare area with a barge loading conveyor capacity of 1,000 metric tons per hour.
Through its subsidiary, PT Anugrah Karya Raya, AKR and PT Austral Byna will form a 50:50 venture, PT Berkah Rukun Bersama, to develop coal transport facilities and infrastructure.
Austral Byna is a forest concession holder in North Barito, Central Kalimantan.
Source: Bisinis Indonesia
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Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
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- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Australian Coal Association
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
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