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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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Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
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- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
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