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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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Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...
Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...
Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...
Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct pushing the BDI by almost 6 pct and closing at 1,920 point ...
Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...
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- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Minerals Council of Australia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- The University of Queensland
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
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