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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, 18 January 10
BHP TO SPEND $267 MILLION ON QUEENSLAND COKING COAL
BHP Billiton Ltd, the world’s largest mining company, will spend $267 million to accelerate development of the Caval Ridge mine and the Hay Po ...
Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
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- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
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