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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, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
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.
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- PNOC Exploration Corporation - Philippines
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- Wood Mackenzie - Singapore
- Aditya Birla Group - India
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- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Bhushan Steel Limited - India
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- Thai Mozambique Logistica
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- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
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- The University of Queensland
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- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Global Coal Blending Company Limited - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
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- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
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- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
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- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
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- Global Green Power PLC Corporation, Philippines
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- Economic Council, Georgia
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- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
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- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
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- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
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- The State Trading Corporation of India Ltd
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- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
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- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Australian Commodity Traders Exchange
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