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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, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
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- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Central Electricity Authority - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
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