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