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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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Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining has received a number of specific proposals to fund and develop its massive East Kutai coa ...
Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...
Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct.
However towards end ...
Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...
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- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Planning Commission, India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
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