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Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera and PT Duta Nurcahya, highly calorie coal mining companies, in North Barito, Central Kalimantan.
Tuah Turangga has entered a conditional sale and purchase agreement on July 8 2011. Tuah Turangga has agreed to buy 60% shareholding in Duta Sejahtera, as quoted by Insider Stories.
"Referring to the agreement, the company has options to obtain 60% stake in Duta Nurcahya from the same seller," Corporate Secretary Sara K. Loebis at United Tractors, said as quoted by Investor Daily today.
According to her, the closing of the take over depends on the accomplishment of the conditions mentioned at the agreement. Sara said coal concession of both companies are still green field. Total coal resources of Duta Sejahtera and Duta Nurcahya are estimated 25 million tons-100 million tons with 6,000-6,300 calorie.
"The mining is expected to commercially production in 2013 with 500,000 tons output."
Source: Insider Stories
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Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...
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- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Electricity Authority, New Zealand
- White Energy Company Limited
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
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