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Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Diannanjaya, president director of the unit, PT Maruwai Coal.
The Maruwai coal mine in Indonesia’s part of Borneo island will start production at the end of 2010 and output is expected to reach 40 million metric tons in the next 10 to 15 years, Diannanjaya said.
| “BHP Billiton has selected PT Adaro Energy as a strategic partner to develop the coal project in Indonesia” - Investor Daily Indonesia |
“We only plan to sell a 25 percent stake because we want to stay as a majority stakeholder and as the operator,” Diannanjaya said in an interview in Jakarta today. The stake sale “will give an opportunity to domestic companies to become our strategic partner in the coal mine.”
BHP Billiton said Sept. 16 a number of groups were interested in buying the coal project in Indonesia’s Central Kalimantan province. PT Medco Energi Internasional, PT Adaro Energy, PT Aneka Tambang and PT Indika Energy are among companies interested in the project, Bambang Setiawan, a director general of the Energy and Mineral Resources Ministry, said Sept. 15.
Investor Daily Indonesia reported on Jan. 7 BHP Billiton has selected PT Adaro Energy as a strategic partner to develop the coal project, citing a person it didn’t identify.
Source: Bloomberg
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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
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