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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at European investors.
According to Hendri Rudiawan, Investor Relation Manager of PT. Bukit Asam, PTBA will conduct Road show in London, Zurich, Frankfurt and Paris from 4th March to 10th March 2012.
Bukit Asam's total coal resources has reached 7.29 billion tons and around 1.99 billion tons are minable reserve. Bukit Asam is currently holding mining rights for 4 mines which are covering 90,702 hectors in Sumatra as well as in Kalimantan, the company data says.
Bukit Asam is expecteing to sell 18.6 million tons of coal in 2012, which is 35 percent higher compared to its sales volume of 13.5 million tons in 2011.
Company also has shipped 35% of its coal production in 2011 to Asian and European countries including Taiwan, Vietnam, Japan, Malaysia and China. 65% of PTBA coal has been consumed by domestic utilities. PTBA is the largest coal supplier of domestic market.
Bukit Asam also upgrading and expanding its Tarahan coal terminal and railway lines to push more coal in coming years.
According to Hendri, by 2014, PTBA's existing railway will be upgraded to move up to 22.7 million tons of coal and By 2016, an another new railway line will be in operation between Muara enim to Tanjung Api- Api, which can add an additional 35 million tons per annum by 2021.
The new railway line between Muara Enim to Tanjung Api-Api port will be built by Adani of India.
Tarahan coal terminal will also be upgraded to load 25 million tons of coal by 2014. Bukit Asam is focusing to become a number one coal producer in Indonesia by 2020 and company is preparing all required infrastructure to support its No.1 target by 2020.
Bukit Asam, “focusing on maximizing value for both corporate and investor" says, Investor Relation Manager, Hendri Rudiawan
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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Timah Investasi Mineral - Indoneisa
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- Planning Commission, India
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- MS Steel International - UAE
- The University of Queensland
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- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
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- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
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- SMC Global Power, Philippines
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- The Treasury - Australian Government
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
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- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
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- Wilmar Investment Holdings
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- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
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- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
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- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
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- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Minerals Council of Australia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
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