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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, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
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- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
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- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
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- Kumho Petrochemical, South Korea
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- The University of Queensland
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- Semirara Mining and Power Corporation, Philippines
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- Deloitte Consulting - India
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- Economic Council, Georgia
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- Merrill Lynch Commodities Europe
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- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
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- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
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- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
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- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
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- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
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- Holcim Trading Pte Ltd - Singapore
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- ICICI Bank Limited - India
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- Ministry of Transport, Egypt
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- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
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- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
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- Meralco Power Generation, Philippines
- Australian Coal Association
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- The Treasury - Australian Government
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- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
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