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Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, as new customers and new contracts help fuel growth, a top company official said on Thursday.
"Next year we may produce around 17 million tonnes," President Director Bob Kamandanu told reporters without elaborating. This figure would be about 16 percent higher than this year's production target of 14.7 million tonnes.
Kamandanu gave no details of production so far this year.
Unlisted Berau Coal, which has a 1,200 square km (460 sq mile) concession area in East Kalimantan province, produced 13.2 million tonnes of coal in 2008.
Kamandanu said several new customers were likely to emerge, particularly from India, where many new power plants are scheduled to start operating soon.
The firm has also secured spot contracts with two new Chinese buyers for a combined 700,000 tonnes to be shipped between July and March 2010.
"If it goes well, we will look to extend the contract next year," said Kamandanu.
Armadian Tritunggal -- an investment firm controlled by Indonesian businessman Rizal Risjad -- is selling its 51 percent controlling stake in Berau. Several Indonesian and foreign firms have expressed an interest in the stake.
Sources said Berau had generated strong interest as it is rare for controlling stakes in Indonesian energy firms to be put on the market.
Source: Reuters
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Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE RED ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...
Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...
Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...
Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...
Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...
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- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- White Energy Company Limited
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
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