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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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Sunday, 08 March 09
AUSTRALIA'S FELIX STUDYING COAL ACQUISITIONS IN INDIA, INDONESIA
Bloomberg reported that, Felix Resources Ltd., an Australian supplier of coal to Korea and Japan, is studying acquisitions of energy coal assets in ...
Saturday, 07 March 09
THERMAL COAL PRICES MAY DROP, STANDARD CHARTERED SAYS
Bloomberg reported that, Coal prices may decline as a slump in demand for the fuel outpaces cuts in production, Standard Chartered Plc said.
Exp ...
Friday, 06 March 09
STRAITS ASIA EYES 3RD MINE
Straitstimes reported that, Mining company Straits Asia Resources is on an expansion trail to more than double its output by 2012.
Amid the econo ...
Friday, 06 March 09
INDONESIA MAY MISS 2009 COAL OUTPUT TARGET-OFFICIAL
Indonesia, the world's top thermal coal exporter, may fail to achieve its coal production target this year as the global economic crisis dents dema ...
Friday, 06 March 09
POWER FIRMS HEAD TO INDONESIA FOR COAL
The Hindu Businessline reported that, The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power uti ...
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- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- PTC India Limited - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
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