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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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Monday, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 ...
Monday, 05 December 11
SGX LAUNCHED IHS MCCLOSKEY/XINHUA INFOLINK OTC CFR SOUTH CHINA COAL CONTRACT TODAY
COALspot.com - In order to meet the demand of the coal industry for an effective coal hedging tool with counterparty credit risk mitigation facility ...
Monday, 05 December 11
DRY BULK RATES LOOKING TO EXTEND GAINS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize dry bulk carrier owners have had a great week, with rates rising for six straight sessions (including the end of the week before that). As ...
Sunday, 04 December 11
SUPRAMAX TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7500 - 8000 PD
COALspot.com - The BDI and Cape index recovered this week. The BDI was up by 3.26 pct and Cape index saw a big jump and closed at 3409 points (up by ...
Saturday, 03 December 11
BORNEO TO SPEND US$600 MIO CAPEX - INSIDER STORIES
Insider Stories reported that, Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) plans to spend US$600 million capital expenditure ( ...
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- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- White Energy Company Limited
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- The University of Queensland
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