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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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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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- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Planning Commission, India
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
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