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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, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
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- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
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- Sindya Power Generating Company Private Ltd
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- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
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- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
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- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
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- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
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- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Australian Coal Association
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
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- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
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