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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, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
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- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Planning Commission, India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
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