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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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Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...
Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...
Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...
Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...
Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...
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- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
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