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Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mining, has secured a long-term contract to sell 15 million metric tons of coal to a unit of global commodity trader Avra Asia, according to a statement released on Tuesday.
The contact, which involves a deal between ABM’s unit Reswara Minergi Hartama and Avra Asia’s unit Avra Commodities, was signed on Friday. It is valid from this month through July 2017.
Through the contract, Avra Commodities receives exclusive rights to sell and market low-rank coal produced by ABM’s indirect unit sold under the trademark of TIA Compliant Coal.
TCC is produced by Reswara’s unit Tunas Inti Abadi, and Avra Commodities sells the coal to Thailand, the Philippines, Taiwan and select buyers in China.
Through the second quarter of 2012, Reswara secured a total coal sales contract of 3.5 million metric tons, which is more than 80 percent of its target for the year — 5.5 million metric tons.
Reswara’s relationship with Avra Commodities has been secured since April, when Reswara forged a deal to sell 935,000 metric tons of low-rank coal to the Avra-owned unit.
Reswara controls four mining concessions in South Kalimantan and Nanggroe Aceh Darussalam provinces. Those mines have combined coal reserves of 550 million metric tons.
ABM Investama is controlled by the Hamami family, one of the wealthiest families in Indonesia and the owner of the Trakindo Group.
ABM Investama has interests in coal and power.
Source: Francezka Nangoy The Jakarta Globe
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Monday, 06 August 12
3RD ANNUAL INDONESIA POWER
Press Release - 3rd Annual Indonesia Power is Indonesia’s premier power event, where commercial opportunities and new projects are identified. ...
Monday, 06 August 12
COAL EXPORTS COULD ADD $2B TO $6B ANNUALLY TO U.S. ECONOMY - HELLENIC SHIPPING
Business groups backing Pacific Northwest coal export proposals on Thursday lauded a new report that claims increased U.S. coal exports could bring ...
Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained& ...
Sunday, 05 August 12
INDONESIA'S ADARO TRIMS PRODUCTION FORECAST, CITES BAD ECONOMY - THE JAKARTA GLOBE
The Jakarta globe reported that, Adaro Energy, the country’s second-largest coal producer, has cut its annual production forecast to between ...
Sunday, 05 August 12
DRY BULK FREIGHT MARKET TO STAY WEAK NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com - The freight market continued to soften further in all segments.
The BDI was down by 8.68 pct closing at 852 points. The cape index ...
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- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Mjunction Services Limited - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Australian Coal Association
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- The University of Queensland
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Planning Commission, India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- White Energy Company Limited
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
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