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Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equipment for its site in Berau, East Kalimantan.
Company chief executive officer Kuhan Selvaretnam said on Wednesday that Supra Bara Energi wanted to increase production from a current level of 600,000 to 1.2 million tons per year.
"The heavy equipment will arrive at our site in Berau in November. Starting that month, we can raise production from 50,000 tons of coal per month to 100,000 tons," he said at a press conference in Jakarta.
Supra Bara Energi and BNP Paribas are now discussing the second phase of the loan facility to help the coal producer reach production targets of 3 million tons in 2013 and 5 million tons in 2014.
"The second phase of the loan will be greater than $20 million and will have a tenure of between three and five years," Kamal Osman, president director of BNP Paribas, said.
Kuhan said that Supra Bara Energi would conduct an initial public offering (IPO) if production reached 80% of its 2014 target.
Supra Bara Energi currently has seven mining sites in Kalimantan in the production phase and exports coal primarily to Asian countries such as China, India, Japan and Taiwan.
Source: The Jakarta Post
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Wednesday, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...
Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...
Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry ac ...
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- London Commodity Brokers - England
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Planning Commission, India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
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