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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, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
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- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
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- LBH Netherlands Bv - Netherlands
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- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- PTC India Limited - India
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
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