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

Friday, 06 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 ...


Thursday, 05 November 20
THE INDONESIA COAL PRICE REFERENCE RISES FOR SECOND CONSECUTIVE MONTH
COALspot.com: The Indonesia Coal Price Reference rose for a 2nd month by 9.24% month on month. The Indonesia Coal Price Reference for the month of ...


Wednesday, 04 November 20
PHILIPPINES COAL MORATORIUM HIGHLIGHTS DRAMATIC PIVOT TO RENEWABLE ENERGY INVESTMENT FOR LOWER PRICES AND POWER SYSTEM RESILIENCE - IEEFA
Policymakers and industry leaders ready to embrace new energy technologies   The Department of Energy’s call for a moratorium on ...


Wednesday, 04 November 20
FOREIGN INVESTORS FACE TOUGH TIMES CLOSING VIETNAM’S REMAINING COAL POWER DEALS - IEEFA
Project bankability at risk as new regulations threaten usual contractual terms   Foreign investors will face higher-than-usual risks ...


Wednesday, 04 November 20
MARKET INSIGHT - INTERMODAL
As the end of the year approaches, one would definitely notice that the newbuilding orderbook for bulk carriers is significantly smaller compared t ...


   147 148 149 150 151   
Showing 741 to 745 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 ...

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