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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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Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
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- Energy Development Corp, Philippines
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- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
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- Edison Trading Spa - Italy
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- Chamber of Mines of South Africa
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- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
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- Standard Chartered Bank - UAE
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- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
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- Straits Asia Resources Limited - Singapore
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- OPG Power Generation Pvt Ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
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- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
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- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
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- Indonesian Coal Mining Association
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- Sinarmas Energy and Mining - Indonesia
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- Merrill Lynch Commodities Europe
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- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
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- Ministry of Mines - Canada
- The Treasury - Australian Government
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Parliament of New Zealand
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- Global Green Power PLC Corporation, Philippines
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- Borneo Indobara - Indonesia
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- Posco Energy - South Korea
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- New Zealand Coal & Carbon
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- Orica Mining Services - Indonesia
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- GVK Power & Infra Limited - India
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- White Energy Company Limited
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- Electricity Authority, New Zealand
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- SMG Consultants - Indonesia
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- Directorate Of Revenue Intelligence - India
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- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
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- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
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- Planning Commission, India
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- Ceylon Electricity Board - Sri Lanka
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- Romanian Commodities Exchange
- Independent Power Producers Association of India
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