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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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- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- PTC India Limited - India
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
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