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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 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- The University of Queensland
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
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