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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$30 million to acquire several coal mines this year.
Source:The Jakarta Post
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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
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