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

Tuesday, 17 November 20
AUSTRALIAN COAL EXPORTS TO CHINA SLUMP, BUT PRICES ARE MIXED - REUTERS
China’s unofficial ban on coal imports from Australia is starting to take its toll on volumes, with departing cargoes down sharply so far in ...


Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.   The global shipping industry is on course to perform better overall than we had previously ex ...


Friday, 13 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and ...


Monday, 09 November 20
SOUTH AFRICA: COAL MARKET CONDITIONS HAVE ' DETERIORATED MATERIALLY' - IEEFA
The Asian seaborne thermal coal pool is drying out   Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine i ...


   146 147 148 149 150   
Showing 736 to 740 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 ...

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