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Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
"The funds for the acquisition will come from loans and internal cash sources. The company is now also negotiating with two banks in connection with the acquisition plan," the company's director, Tito Sulistio, said in Jakarta on Monday, as quoted by state new agency Antara.
He said PT Realita Jaya Mandiri was operating in the mining sector and held a license for mining and operating on 1,598 hectares of land in Musi Banyuasin, South Sumatra.
PT Mashindo Artha Resources meanwhile holds a license for mining on 5,600 hectares of land and another 4,400 hectares of land in Musi Banyuasin, South Sumatra.
"Coal reserves in the three locations are estimated to reach more than 100 million tons," he said.
He said the process of valuation on the two companies was not yet completed and was expected to be finished by the end of this month.
Source:http://www.thejakartapost.com/news/2009/04/20/mitra-rajasa-acquire-two-mining-companies.html
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Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
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- India Bulls Power Limited - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- The University of Queensland
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
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