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Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, targeting to produce up to 250,000 tons of coal by the year end.
Mitra president director Tito Sulistio said on Wednesday that the coal would come from a mine with a size of 1,600 hectares of land belonged to South Sumatra-based PT Realita Jaya Mandiri, which was one of two coal companies set to be acquired by Mitra this year in a deal worth US$40 million.
He elaborated Realita had started operating its mine with a production rate of 40,000 tons per month.
"So when we are able to secure the deal by June, we can get about 250,000 tons of coal by the end of the year," he said.
Mitra had signed a memorandum of understanding with Realita and local coal company PT Mashindo Artha Resources, based also in South Sumatra, to acquire both companies.
Mashindo holds a license for mining on 5,600 hectares and another 4,400 hectares of land in Musi Banyuasin, South Sumatra.
"The appraisal for those two mines has not finished yet, we hope it can be finalized by next month," Tito said.
Source: http://www.thejakartapost.com/news/2009/04/22/mitra-hopes-secure-deals-with-two-coal-firms-june.html
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Wednesday, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
Wednesday, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited ...
Wednesday, 20 May 09
S.KOREA COAL IMPORTS IN APRIL DOWN 22 PCT Y/Y - REUTERS
South Korea's imports of heating coal in April fell 22 percent from a year earlier on bearish demand from domestic utilities, industry data showed ...
Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne co ...
Wednesday, 20 May 09
SHIPPING INDEX RISES TO 7-MONTH HIGH AS CHINESE DEMAND ADVANCES - BLOOMBERG
The Baltic Dry Index, a measure of shipping costs for commodities, rose to a seven-month high in London on accelerating Chinese demand for iron ore. ...
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- SMC Global Power, Philippines
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- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
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- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
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- Deloitte Consulting - India
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- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
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- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
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- Electricity Generating Authority of Thailand
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- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
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- Thiess Contractors Indonesia
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- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
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- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
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- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
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- White Energy Company Limited
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
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- Indian Oil Corporation Limited
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- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
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- Romanian Commodities Exchange
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- Economic Council, Georgia
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- The Treasury - Australian Government
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- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
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- Indonesian Coal Mining Association
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- Meralco Power Generation, Philippines
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- Australian Commodity Traders Exchange
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- Medco Energi Mining Internasional
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- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
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- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
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