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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, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
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- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- PTC India Limited - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Australian Coal Association
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
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