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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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Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
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- The University of Queensland
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- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Planning Commission, India
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- Samtan Co., Ltd - South Korea
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- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
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- Ministry of Mines - Canada
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- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
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- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
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- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
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- Kapuas Tunggal Persada - Indonesia
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- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
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- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
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- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
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- Interocean Group of Companies - India
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- Globalindo Alam Lestari - Indonesia
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- Economic Council, Georgia
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- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
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- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
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- Minerals Council of Australia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- PTC India Limited - India
- CNBM International Corporation - China
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- Indonesian Coal Mining Association
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- Singapore Mercantile Exchange
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- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
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- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
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- The Treasury - Australian Government
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- Australian Coal Association
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