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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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Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
" ...
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
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- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Australian Coal Association
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- MS Steel International - UAE
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
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