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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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Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...
Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...
Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly cap ...
Tuesday, 07 July 09
TATA POWER AID THE INDONESIAN COAL MINES
BL reported that Mr Prasad Menon MD of TATA Power aid the Indonesian coal mines PT Kaltim Prima Coal and PT Arutmin Indonesia in which TATA Power ha ...
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- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- White Energy Company Limited
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
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