We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 14 October 11
ADARO BUYS SERVO MEDA FOR RP200 BIO - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) announced that its subsidiary PT Alam Tri Abadi (ATI), acquired 35% stake in PT Servo Meda Sejahtera (SMS) for Rp200 billion (US$ 22.560 million) from PT Servo Infrastructure (SI).
Garibaldi Thohir, CEO of Adaro Energy, in a morning note published by PT Mandiri Sekuritas today, said that it is part of the company’s strategy in developing coal mining asset in South Sumatra, which creating long term sustainable complete integrated value chain.
Servo Meda is a privately integrated coal mining services company that established in the idea of developing transportation solution to South Sumatra region. Through its subsidiary, PT Servo Lintas Raya, Servo develop and construct 228 km haul road in South Sumatera for coal transportation that will connect the mines in Lahat, Muara Enim and Banyuasin regencies with terminal in Tanjung Lago at Banyuasin river.
The 1st construction stage has started since October 2008 and It has a capacity target of 50 million tons of coal in the fourth or 50 years of its operation.
Servo also owns coal mines in Lahat regency including PT Batubara Lahat, PT Bumi Merapi Energy and PT Bara Alam Sumatera which also have legal issue with PTBA. It produced about 3 million tons of coal per year. Servo also has coal mines in Lokpaikat and Bungur in South Kalimantan with a total production of 2 million tons of coal per year.
"We expect It is part of series transaction with the recent 75% stake coal asset acquisition of Mustika Indah Permai (MIP). Altogether Adaro coupling local partners in Lahat region to strengthen its position to leverage its inorganic growth by unlocking abundant “coal treasure” in South Sumatra."
However it remains a long time story to talk about the development of their projects since it is still in a legal case with PTBA which most of their concessions are halted in the meantime waiting for final decision from supreme court.
Source: Insider Stories
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...
Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...
Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal.
The tender document also mentioned tha ...
Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...
|
|
|
Showing 5026 to 5030 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
|
| |
| |
|