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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, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Planning Commission, India
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- The University of Queensland
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
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