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Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central Kalimantan.
Antam's president director Alwinsyah Loebis said that BHP's Maruwai coal project had interesting coal reserves. "The coal is a type of coking coal that differs from most coal found in Indonesia," Alwin told reporters Tuesday.
Coking coal is coal used in the production of coke, which can be further modified for use in the production of pig iron.
As has been reported earlier, BHP is in the process of pulling out from Indonesia. In early June, the company announced its decision to stop the development of the Haju trial mine, one of seven mines under the company's Maruwai coal project in Central Kalimantan.
BHP said its operations in the Haju trial mine did not mesh well with its long term investment strategy. It has also decided to terminate activities in six other areas specified in the project.
Alwin did not disclose the amount to be invested by Antam in acquiring the project."We are still evaluating the prospect. We have not submitted any official proposals to BHP," he said.
Antam primarily produces nickel, but Alwin said the company was seeking to expand its business by including coal. "We want to develop our portfolio," he clarified. Aside from evaluating the possibility of buying BHP's coal project, Antam is also investing US$30 million to acquire several coal mines this year.
Source:The Jakarta Post
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Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...
Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...
Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...
Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...
Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...
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- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
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- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
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- Gujarat Electricity Regulatory Commission - India
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- MS Steel International - UAE
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- McConnell Dowell - Australia
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- Rio Tinto Coal - Australia
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- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
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- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
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- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
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- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
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- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
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- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
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- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Kalimantan Lumbung Energi - Indonesia
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- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
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