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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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Monday, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...
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- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
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