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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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Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
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- Commonwealth Bank - Australia
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- Energy Development Corp, Philippines
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- Edison Trading Spa - Italy
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- SMG Consultants - Indonesia
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
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- White Energy Company Limited
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- Latin American Coal - Colombia
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- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
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- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
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- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
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- Karbindo Abesyapradhi - Indoneisa
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- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
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- Leighton Contractors Pty Ltd - Australia
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- South Luzon Thermal Energy Corporation
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- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
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- Indonesian Coal Mining Association
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- MS Steel International - UAE
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
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- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
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- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
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- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
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- IHS Mccloskey Coal Group - USA
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