COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE


The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mining, has secured a long-term contract to sell 15 million metric tons of coal to a unit of global commodity trader Avra Asia, according to a statement released on Tuesday.

The contact, which involves a deal between ABM’s unit Reswara Minergi Hartama and Avra Asia’s unit Avra Commodities, was signed on Friday. It is valid from this month through July 2017.

Through the contract, Avra Commodities receives exclusive rights to sell and market low-rank coal produced by ABM’s indirect unit sold under the trademark of TIA Compliant Coal.

TCC is produced by Reswara’s unit Tunas Inti Abadi, and Avra Commodities sells the coal to Thailand, the Philippines, Taiwan and select buyers in China.

Through the second quarter of 2012, Reswara secured a total coal sales contract of 3.5 million metric tons, which is more than 80 percent of its target for the year — 5.5 million metric tons.

Reswara’s relationship with Avra Commodities has been secured since April, when Reswara forged a deal to sell 935,000 metric tons of low-rank coal to the Avra-owned unit.

Reswara controls four mining concessions in South Kalimantan and Nanggroe Aceh Darussalam provinces. Those mines have combined coal reserves of 550 million metric tons.

ABM Investama is controlled by the Hamami family, one of the wealthiest families in Indonesia and the owner of the Trakindo Group.

ABM Investama has interests in coal and power.
Source: Francezka Nangoy The Jakarta Globe



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...


Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...


Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC   U.S. coal exports to Asia—once heralded as the saving gra ...


Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...


Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...


   143 144 145 146 147   
Showing 721 to 725 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Meralco Power Generation, Philippines
  • Maersk Broker
  • Kideco Jaya Agung - Indonesia
  • PTC India Limited - India
  • ACC Limited - India
  • EIA - United States
  • Australian Coal Association
  • KOWEPO - South Korea
  • Formosa Plastics Group - Taiwan
  • Coastal Gujarat Power Limited - India
  • Thermax Limited - India
  • Marubeni Corporation - India
  • Deloitte Consulting - India
  • Australian Commodity Traders Exchange
  • Pinang Coal Indonesia
  • Gujarat Sidhee Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • OCBC - Singapore
  • McConnell Dowell - Australia
  • Oldendorff Carriers - Singapore
  • SUEK AG - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Ind-Barath Power Infra Limited - India
  • Adani Power Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Georgia Ports Authority, United States
  • Bayan Resources Tbk. - Indonesia
  • CNBM International Corporation - China
  • KEPCO - South Korea
  • Thriveni
  • Energy Link Ltd, New Zealand
  • Binh Thuan Hamico - Vietnam
  • World Bank
  • Ceylon Electricity Board - Sri Lanka
  • Minerals Council of Australia
  • Commonwealth Bank - Australia
  • Sarangani Energy Corporation, Philippines
  • Goldman Sachs - Singapore
  • Mitra SK Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Sical Logistics Limited - India
  • Port Waratah Coal Services - Australia
  • Rudhra Energy - India
  • White Energy Company Limited
  • The State Trading Corporation of India Ltd
  • Larsen & Toubro Limited - India
  • Jatenergy - Australia
  • OPG Power Generation Pvt Ltd - India
  • Shenhua Group - China
  • Petron Corporation, Philippines
  • Thailand Anthracite
  • Directorate General of MIneral and Coal - Indonesia
  • GMR Energy Limited - India
  • Arutmin Indonesia
  • Simpson Spence & Young - Indonesia
  • bp singapore
  • Vizag Seaport Private Limited - India
  • Economic Council, Georgia
  • Bank of America
  • Bulk Trading Sa - Switzerland
  • Interocean Group of Companies - India
  • Semirara Mining and Power Corporation, Philippines
  • Uttam Galva Steels Limited - India
  • Surastha Cement
  • Straits Asia Resources Limited - Singapore
  • Tanito Harum - Indonesia
  • Petrosea - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Credit Suisse - India
  • GAC Shipping (India) Pvt Ltd
  • Indian Oil Corporation Limited
  • London Commodity Brokers - England
  • Indo Tambangraya Megah - Indonesia
  • Berau Coal - Indonesia
  • Wilmar Investment Holdings
  • ICICI Bank Limited - India
  • GHCL Limited - India
  • RBS Sempra - UK
  • Billiton Holdings Pty Ltd - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Renaissance Capital - South Africa
  • Bhushan Steel Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • DBS Bank - Singapore
  • Central Electricity Authority - India
  • Bangkok Bank PCL
  • Inspectorate - India
  • Bank of China, Malaysia
  • JPower - Japan
  • Gupta Coal India Ltd
  • Directorate Of Revenue Intelligence - India
  • Parliament of New Zealand
  • Mechel - Russia
  • Globalindo Alam Lestari - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • TGV SRAAC LIMITED, India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Independent Power Producers Association of India
  • GVK Power & Infra Limited - India
  • Salva Resources Pvt Ltd - India
  • Mercator Lines Limited - India
  • Mitsui
  • Mitsubishi Corporation
  • Gresik Semen - Indonesia
  • TANGEDCO India
  • The India Cements Ltd
  • SMG Consultants - Indonesia
  • Platou - Singapore
  • Sojitz Corporation - Japan
  • Tamil Nadu electricity Board
  • Semirara Mining Corp, Philippines
  • Electricity Authority, New Zealand
  • Metalloyd Limited - United Kingdom
  • Power Finance Corporation Ltd., India
  • Grasim Industreis Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Africa Commodities Group - South Africa
  • Fearnleys - India
  • Coalindo Energy - Indonesia
  • Sakthi Sugars Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Makarim & Taira - Indonesia
  • Agrawal Coal Company - India
  • SASOL - South Africa
  • Cebu Energy, Philippines
  • KPCL - India
  • Toyota Tsusho Corporation, Japan
  • The Treasury - Australian Government
  • Kobe Steel Ltd - Japan
  • Samtan Co., Ltd - South Korea
  • Therma Luzon, Inc, Philippines
  • Arch Coal - USA
  • MEC Coal - Indonesia
  • Dalmia Cement Bharat India
  • World Coal - UK
  • South Luzon Thermal Energy Corporation
  • Vitol - Bahrain
  • Orica Australia Pty. Ltd.
  • Deutsche Bank - India
  • UOB Asia (HK) Ltd
  • IEA Clean Coal Centre - UK
  • Romanian Commodities Exchange
  • Tata Chemicals Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Anglo American - United Kingdom
  • TNB Fuel Sdn Bhd - Malaysia
  • Reliance Power - India
  • Asia Cement - Taiwan
  • Aboitiz Power Corporation - Philippines
  • TRAFIGURA, South Korea
  • MS Steel International - UAE
  • Attock Cement Pakistan Limited
  • Neyveli Lignite Corporation Ltd, - India
  • Ministry of Transport, Egypt
  • Meenaskhi Energy Private Limited - India
  • European Bulk Services B.V. - Netherlands
  • Geoservices-GeoAssay Lab
  • Posco Energy - South Korea
  • Indian School of Mines
  • Madhucon Powers Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Baramulti Group, Indonesia
  • Maheswari Brothers Coal Limited - India
  • Indogreen Group - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Chamber of Mines of South Africa
  • IOL Indonesia
  • Mjunction Services Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Malco - India
  • EMO - The Netherlands
  • IHS Mccloskey Coal Group - USA
  • Kumho Petrochemical, South Korea
  • Altura Mining Limited, Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Lanco Infratech Ltd - India
  • Vale Mozambique
  • Vijayanagar Sugar Pvt Ltd - India
  • Aditya Birla Group - India
  • Iligan Light & Power Inc, Philippines
  • SRK Consulting
  • Kaltim Prima Coal - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Rio Tinto Coal - Australia
  • Cemex - Philippines
  • Sindya Power Generating Company Private Ltd
  • Krishnapatnam Port Company Ltd. - India
  • Total Coal South Africa
  • Malabar Cements Ltd - India
  • ETA - Dubai
  • PetroVietnam
  • Electricity Generating Authority of Thailand
  • PLN - Indonesia
  • PNOC Exploration Corporation - Philippines
  • CoalTek, United States
  • Timah Investasi Mineral - Indoneisa
  • Heidelberg Cement - Germany
  • Jindal Steel & Power Ltd - India
  • Thomson Reuters GRC
  • Jorong Barutama Greston.PT - Indonesia
  • TNPL - India
  • Permata Bank - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Enel Italy
  • Cargill India Pvt Ltd
  • TeaM Sual Corporation - Philippines
  • Energy Development Corp, Philippines
  • Bangladesh Power Developement Board
  • Intertek Mineral Services - Indonesia
  • Coal and Oil Company - UAE
  • Indika Energy - Indonesia
  • Tata Power - India
  • Edison Trading Spa - Italy
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Shree Cement - India
  • Ince & co LLP
  • Bukit Baiduri Energy - Indonesia
  • Indorama - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Essar Steel Hazira Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Savvy Resources Ltd - HongKong
  • Alfred C Toepfer International GmbH - Germany
  • Freeport Indonesia
  • JPMorgan - India
  • Merrill Lynch Commodities Europe
  • Bukit Asam (Persero) Tbk - Indonesia
  • Jaiprakash Power Ventures ltd
  • APGENCO India
  • Orica Mining Services - Indonesia
  • Infraline Energy - India
  • J M Baxi & Co - India
  • Star Paper Mills Limited - India
  • San Jose City I Power Corp, Philippines
  • GNFC Limited - India
  • Qatrana Cement - Jordan
  • PLN Batubara - Indonesia
  • Barasentosa Lestari - Indonesia
  • Sucofindo - Indonesia
  • Global Business Power Corporation, Philippines
  • Ministry of Mines - Canada
  • Cement Manufacturers Association - India
  • Xindia Steels Limited - India
  • Eastern Energy - Thailand
  • NTPC Limited - India
  • India Bulls Power Limited - India
  • Mintek Dendrill Indonesia
  • Platts
  • Adaro Indonesia
  • Merrill Lynch Bank
  • Singapore Mercantile Exchange
  • VISA Power Limited - India
  • Bhatia International Limited - India
  • IBC Asia (S) Pte Ltd
  • Barclays Capital - USA
  • Standard Chartered Bank - UAE
  • Britmindo - Indonesia
  • CCIC - Indonesia
  • ING Bank NV - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • SGS (Thailand) Limited
  • Moodys - Singapore
  • Wood Mackenzie - Singapore
  • Peabody Energy - USA
  • Asmin Koalindo Tuhup - Indonesia
  • Thiess Contractors Indonesia
  • Indonesian Coal Mining Association
  • Ministry of Finance - Indonesia
  • Cosco
  • Bahari Cakrawala Sebuku - Indonesia
  • Siam City Cement - Thailand
  • The University of Queensland
  • Panama Canal Authority
  • Carbofer General Trading SA - India
  • globalCOAL - UK
  • U S Energy Resources
  • Banpu Public Company Limited - Thailand
  • UBS Singapore
  • Ambuja Cements Ltd - India
  • Coaltrans Conferences
  • Antam Resourcindo - Indonesia
  • Cardiff University - UK
  • CIMB Investment Bank - Malaysia
  • Pendopo Energi Batubara - Indonesia
  • Thai Mozambique Logistica
  • Lafarge - France
  • HSBC - Hong Kong
  • PowerSource Philippines DevCo
  • Idemitsu - Japan
  • Trasteel International SA, Italy
  • Coeclerici Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Planning Commission, India
  • Coal India Limited
  • Humpuss - Indonesia
  • Latin American Coal - Colombia
  • New Zealand Coal & Carbon
  • Kepco SPC Power Corporation, Philippines
  • Riau Bara Harum - Indonesia
  • Xstrata Coal
  • Noble Europe Ltd - UK
  • Vedanta Resources Plc - India
  • Videocon Industries ltd - India
  • Price Waterhouse Coopers - Russia
  • Argus Media - Singapore
  • Bharathi Cement Corporation - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • ANZ Bank - Australia
  • GB Group - China
  • Samsung - South Korea
  • Manunggal Multi Energi - Indonesia
  • Inco-Indonesia
  • Ernst & Young Pvt. Ltd.
  • SN Aboitiz Power Inc, Philippines
  • BRS Brokers - Singapore
  • WorleyParsons
  • Clarksons - UK
  • Kohat Cement Company Ltd. - Pakistan
  • Global Coal Blending Company Limited - Australia
  • Karaikal Port Pvt Ltd - India
  • Glencore India Pvt. Ltd
  • Coal Orbis AG
  • Central Java Power - Indonesia
  • Medco Energi Mining Internasional
  • Russian Coal LLC
  • McKinsey & Co - India
  • Japan Coal Energy Center
  • Indian Energy Exchange, India
  • Indonesia Power. PT
  • Asian Development Bank
  • Siam City Cement PLC, Thailand
  • Runge Indonesia
  • Mercuria Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • BNP Paribas - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Core Mineral Indonesia
  • Borneo Indobara - Indonesia
  • Maruti Cements - India
  • Parry Sugars Refinery, India
  • KPMG - USA
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • ASAPP Information Group - India
  • CESC Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • SMC Global Power, Philippines
  • NALCO India
  • Sree Jayajothi Cements Limited - India
  • IMC Shipping - Singapore
  • LBH Netherlands Bv - Netherlands
  • Maybank - Singapore
  • Eastern Coal Council - USA