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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, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percen ...
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR
COALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.4 ...
Saturday, 12 June 10
BALTIC EXCHANGE ESTABLISHES ASIA-PACIFIC OFFICE
The London-based Baltic Exchange has today announced it is setting up an Asia-Pacific Representative Office in Singapore, to ensure closer contact w ...
Saturday, 12 June 10
NALCO TO ROPE IN PARTNERS FOR INDONESIA PROJECT
Sify reported that, the public sector National Aluminium Company (Nalco) is set to finalise the terms of its joint venture (JV) agreement with two f ...
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- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
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- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
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- Thiess Contractors Indonesia
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- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
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- Mercator Lines Limited - India
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- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Indogreen Group - Indonesia
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- IEA Clean Coal Centre - UK
- White Energy Company Limited
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- Deloitte Consulting - India
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- Posco Energy - South Korea
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- Wilmar Investment Holdings
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- Power Finance Corporation Ltd., India
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- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
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- Anglo American - United Kingdom
- Energy Development Corp, Philippines
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- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
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