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Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indonesian coal company for USD 8.75 million, as quoted by PTI.
"We have completed the acquisition (70percent of the Indonesian coal firm) and we hope to start operations there in late 2012,"IMFA Managing Director Subhrakant Panda told PTI. While declining to name the acquired company, he added that IMFA is yet to carry out a detailed assessment of its reserves and required infrastructure to sustain operations there.
"It has a coal mine in East Kalimantan district of Indonesia but it is not possible for me to tell you the name, its reserves or the proposed investment right now. We are yet to do a detailed assessment,"Panda said.
The acquisition has been made through IMFA's Singapore based subsidiary, Ind Met Mining Pte Ltd and the detailed assessment will be completed in 6 to 8 months, he further said. The IMFA, which has 108 MW captive power generation capacity, also has plans to expand it to 258 MW by March, 2012.
The company is also developing a captive coal block with 123 million tonnes of mineable reserves through a special purpose vehicle, Utkal Coal.
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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
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