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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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Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
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- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
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