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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, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...
Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...
Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...
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 ...
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- IEA Clean Coal Centre - UK
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Economic Council, Georgia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
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