COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


   931 932 933 934 935   
Showing 4661 to 4665 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Sindya Power Generating Company Private Ltd
  • KOWEPO - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Grasim Industreis Ltd - India
  • Inco-Indonesia
  • Sree Jayajothi Cements Limited - India
  • Parliament of New Zealand
  • Indonesia Power. PT
  • World Bank
  • Vijayanagar Sugar Pvt Ltd - India
  • Rio Tinto Coal - Australia
  • Lafarge - France
  • Ernst & Young Pvt. Ltd.
  • IHS Mccloskey Coal Group - USA
  • Gresik Semen - Indonesia
  • The State Trading Corporation of India Ltd
  • BNP Paribas - Singapore
  • Essar Steel Hazira Ltd - India
  • Permata Bank - Indonesia
  • Arch Coal - USA
  • Qatrana Cement - Jordan
  • Deloitte Consulting - India
  • UBS Singapore
  • Anglo American - United Kingdom
  • UOB Asia (HK) Ltd
  • Directorate Of Revenue Intelligence - India
  • Indika Energy - Indonesia
  • Shenhua Group - China
  • bp singapore
  • Jaiprakash Power Ventures ltd
  • International Coal Ventures Pvt Ltd - India
  • Commonwealth Bank - Australia
  • Economic Council, Georgia
  • GNFC Limited - India
  • Cardiff University - UK
  • GB Group - China
  • Petrosea - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Riau Bara Harum - Indonesia
  • Independent Power Producers Association of India
  • European Bulk Services B.V. - Netherlands
  • SGS (Thailand) Limited
  • CCIC - Indonesia
  • Credit Suisse - India
  • Bayan Resources Tbk. - Indonesia
  • Borneo Indobara - Indonesia
  • Clarksons - UK
  • IMC Shipping - Singapore
  • Idemitsu - Japan
  • Billiton Holdings Pty Ltd - Australia
  • Kartika Selabumi Mining - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Attock Cement Pakistan Limited
  • IBC Asia (S) Pte Ltd
  • Thiess Contractors Indonesia
  • Sakthi Sugars Limited - India
  • Altura Mining Limited, Indonesia
  • Vizag Seaport Private Limited - India
  • CNBM International Corporation - China
  • Oldendorff Carriers - Singapore
  • Orica Australia Pty. Ltd.
  • Bharathi Cement Corporation - India
  • Trasteel International SA, Italy
  • Chettinad Cement Corporation Ltd - India
  • Bhatia International Limited - India
  • CIMB Investment Bank - Malaysia
  • Wood Mackenzie - Singapore
  • VISA Power Limited - India
  • Samtan Co., Ltd - South Korea
  • MS Steel International - UAE
  • Globalindo Alam Lestari - Indonesia
  • Thermax Limited - India
  • Gupta Coal India Ltd
  • Deutsche Bank - India
  • Gujarat Sidhee Cement - India
  • Bukit Makmur.PT - Indonesia
  • PLN - Indonesia
  • Antam Resourcindo - Indonesia
  • Enel Italy
  • WorleyParsons
  • Petrochimia International Co. Ltd.- Taiwan
  • Samsung - South Korea
  • Metalloyd Limited - United Kingdom
  • Kobexindo Tractors - Indoneisa
  • Pendopo Energi Batubara - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Carbofer General Trading SA - India
  • Minerals Council of Australia
  • Maharashtra Electricity Regulatory Commission - India
  • Eastern Energy - Thailand
  • ETA - Dubai
  • Global Green Power PLC Corporation, Philippines
  • Posco Energy - South Korea
  • Mitsui
  • Barasentosa Lestari - Indonesia
  • Indonesian Coal Mining Association
  • Moodys - Singapore
  • Kideco Jaya Agung - Indonesia
  • Indorama - Singapore
  • LBH Netherlands Bv - Netherlands
  • Surastha Cement
  • NTPC Limited - India
  • Freeport Indonesia
  • Price Waterhouse Coopers - Russia
  • Heidelberg Cement - Germany
  • Japan Coal Energy Center
  • Videocon Industries ltd - India
  • PNOC Exploration Corporation - Philippines
  • SN Aboitiz Power Inc, Philippines
  • TANGEDCO India
  • Argus Media - Singapore
  • Coeclerici Indonesia
  • India Bulls Power Limited - India
  • Toyota Tsusho Corporation, Japan
  • Xindia Steels Limited - India
  • Indian Energy Exchange, India
  • Peabody Energy - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • World Coal - UK
  • Barclays Capital - USA
  • Petron Corporation, Philippines
  • TeaM Sual Corporation - Philippines
  • PowerSource Philippines DevCo
  • Bangkok Bank PCL
  • Neyveli Lignite Corporation Ltd, - India
  • Salva Resources Pvt Ltd - India
  • Semirara Mining Corp, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Simpson Spence & Young - Indonesia
  • GMR Energy Limited - India
  • Georgia Ports Authority, United States
  • Marubeni Corporation - India
  • SASOL - South Africa
  • Thai Mozambique Logistica
  • CESC Limited - India
  • Edison Trading Spa - Italy
  • Inspectorate - India
  • Tata Chemicals Ltd - India
  • Russian Coal LLC
  • U S Energy Resources
  • Power Finance Corporation Ltd., India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Baramulti Group, Indonesia
  • Asian Development Bank
  • London Commodity Brokers - England
  • Kumho Petrochemical, South Korea
  • Sical Logistics Limited - India
  • Bank of America
  • Cement Manufacturers Association - India
  • TGV SRAAC LIMITED, India
  • PLN Batubara - Indonesia
  • ANZ Bank - Australia
  • MEC Coal - Indonesia
  • Vale Mozambique
  • Coaltrans Conferences
  • Vedanta Resources Plc - India
  • Electricity Generating Authority of Thailand
  • Krishnapatnam Port Company Ltd. - India
  • Jorong Barutama Greston.PT - Indonesia
  • Romanian Commodities Exchange
  • GVK Power & Infra Limited - India
  • Mitra SK Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Goldman Sachs - Singapore
  • Dalmia Cement Bharat India
  • Australian Commodity Traders Exchange
  • Sarangani Energy Corporation, Philippines
  • NALCO India
  • Savvy Resources Ltd - HongKong
  • Star Paper Mills Limited - India
  • TNPL - India
  • Cargill India Pvt Ltd
  • Coal and Oil Company - UAE
  • Runge Indonesia
  • Mercator Lines Limited - India
  • Coastal Gujarat Power Limited - India
  • South Luzon Thermal Energy Corporation
  • Platou - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Mintek Dendrill Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Adani Power Ltd - India
  • Medco Energi Mining Internasional
  • IEA Clean Coal Centre - UK
  • Indian School of Mines
  • Core Mineral Indonesia
  • Renaissance Capital - South Africa
  • JPower - Japan
  • OPG Power Generation Pvt Ltd - India
  • The India Cements Ltd
  • Ministry of Transport, Egypt
  • EIA - United States
  • Fearnleys - India
  • Global Coal Blending Company Limited - Australia
  • Miang Besar Coal Terminal - Indonesia
  • SMC Global Power, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • RBS Sempra - UK
  • SMG Consultants - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • globalCOAL - UK
  • Central Electricity Authority - India
  • J M Baxi & Co - India
  • Kalimantan Lumbung Energi - Indonesia
  • Maybank - Singapore
  • Bulk Trading Sa - Switzerland
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Holcim Trading Pte Ltd - Singapore
  • Indogreen Group - Indonesia
  • Arutmin Indonesia
  • Siam City Cement PLC, Thailand
  • Coal Orbis AG
  • Formosa Plastics Group - Taiwan
  • Panama Canal Authority
  • SRK Consulting
  • Intertek Mineral Services - Indonesia
  • Thailand Anthracite
  • Total Coal South Africa
  • Gujarat Mineral Development Corp Ltd - India
  • Indian Oil Corporation Limited
  • Leighton Contractors Pty Ltd - Australia
  • Humpuss - Indonesia
  • Bank of China, Malaysia
  • Shree Cement - India
  • Cemex - Philippines
  • Britmindo - Indonesia
  • Meralco Power Generation, Philippines
  • The Treasury - Australian Government
  • Bhushan Steel Limited - India
  • Ind-Barath Power Infra Limited - India
  • Madhucon Powers Ltd - India
  • The University of Queensland
  • DBS Bank - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • BRS Brokers - Singapore
  • Jindal Steel & Power Ltd - India
  • HSBC - Hong Kong
  • TRAFIGURA, South Korea
  • Tanito Harum - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • ACC Limited - India
  • Rudhra Energy - India
  • New Zealand Coal & Carbon
  • White Energy Company Limited
  • Adaro Indonesia
  • Jatenergy - Australia
  • Mitsubishi Corporation
  • McKinsey & Co - India
  • Energy Link Ltd, New Zealand
  • KPMG - USA
  • Australian Coal Association
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • KPCL - India
  • Africa Commodities Group - South Africa
  • Bangladesh Power Developement Board
  • Kohat Cement Company Ltd. - Pakistan
  • Merrill Lynch Bank
  • Maheswari Brothers Coal Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Orica Mining Services - Indonesia
  • Banpu Public Company Limited - Thailand
  • PetroVietnam
  • Chamber of Mines of South Africa
  • Ambuja Cements Ltd - India
  • Aboitiz Power Corporation - Philippines
  • ASAPP Information Group - India
  • Thomson Reuters GRC
  • Singapore Mercantile Exchange
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Glencore India Pvt. Ltd
  • Indo Tambangraya Megah - Indonesia
  • Parry Sugars Refinery, India
  • Agrawal Coal Company - India
  • Vitol - Bahrain
  • Lanco Infratech Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Ministry of Mines - Canada
  • Mjunction Services Limited - India
  • OCBC - Singapore
  • ING Bank NV - Singapore
  • Makarim & Taira - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Timah Investasi Mineral - Indoneisa
  • Interocean Group of Companies - India
  • Bahari Cakrawala Sebuku - Indonesia
  • McConnell Dowell - Australia
  • Merrill Lynch Commodities Europe
  • Meenaskhi Energy Private Limited - India
  • Port Waratah Coal Services - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Ince & co LLP
  • Standard Chartered Bank - UAE
  • Geoservices-GeoAssay Lab
  • Mercuria Energy - Indonesia
  • Pinang Coal Indonesia
  • Latin American Coal - Colombia
  • Iligan Light & Power Inc, Philippines
  • Straits Asia Resources Limited - Singapore
  • Central Java Power - Indonesia
  • Planning Commission, India
  • APGENCO India
  • Mechel - Russia
  • Siam City Cement - Thailand
  • Malabar Cements Ltd - India
  • SUEK AG - Indonesia
  • San Jose City I Power Corp, Philippines
  • Infraline Energy - India
  • AsiaOL BioFuels Corp., Philippines
  • Reliance Power - India
  • Energy Development Corp, Philippines
  • Coal India Limited
  • Tamil Nadu electricity Board
  • Noble Europe Ltd - UK
  • Tata Power - India
  • Sucofindo - Indonesia
  • GHCL Limited - India
  • Asia Cement - Taiwan
  • IOL Indonesia
  • Global Business Power Corporation, Philippines
  • Electricity Authority, New Zealand
  • Malco - India
  • Kaltim Prima Coal - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Ministry of Finance - Indonesia
  • Maruti Cements - India
  • JPMorgan - India
  • Binh Thuan Hamico - Vietnam
  • Sojitz Corporation - Japan
  • Manunggal Multi Energi - Indonesia
  • Berau Coal - Indonesia
  • KEPCO - South Korea
  • Cebu Energy, Philippines
  • Therma Luzon, Inc, Philippines
  • Larsen & Toubro Limited - India
  • ICICI Bank Limited - India
  • Coalindo Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • CoalTek, United States
  • Uttam Galva Steels Limited - India
  • PTC India Limited - India
  • Cosco
  • Kobe Steel Ltd - Japan
  • Thriveni
  • EMO - The Netherlands
  • Platts
  • Cigading International Bulk Terminal - Indonesia
  • Wilmar Investment Holdings
  • Aditya Birla Group - India
  • Maersk Broker
  • Xstrata Coal
  • Eastern Coal Council - USA