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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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Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
Thursday, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...
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- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Indian Energy Exchange, India
- White Energy Company Limited
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
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