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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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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 ...
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- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- 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
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- 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
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- 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
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- 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
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- 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
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- 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
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Eastern Coal Council - USA
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