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Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to produce 300,000 tons of coal by the end of 2011 said, Teguh Sunyoto, Investor Relations Manager of AKR.
"We expect the coal business could contribute earnings this year. However, the contribution from coal mining will be lower than our other business. The higher contribution will come from our main business such as the distribution of fuel and chemicals, " he further added.
He assessed the contribution of coal will depend on the improvement of the selling price. He believes the oil prices would play major role in determining world's coal prices.
Kim Eng Securities analyst Adi N Wicaksono is projecting, the coal will become the drive of growth of AKR in coming few years. He predicts. Coal production of AKR will reach around 3.4 million tons by 2015 tons.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
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