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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, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
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- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
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- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
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- Wood Mackenzie - Singapore
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- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
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- Standard Chartered Bank - UAE
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- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
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- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
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- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
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- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
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- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
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- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Australian Coal Association
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Mjunction Services Limited - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
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- GMR Energy Limited - India
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- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
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