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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
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- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- Central Electricity Authority - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
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