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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, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Australian Coal Association
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
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