We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
  The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia’s second largest thermal coal producer PT Adaro Energy, the world’s largest mining company announced Wednesday.
“These agreements with Adaro provide a strong local partner to ensure the successful development of our world class metallurgical coal interests in Indonesia,” BHP’s president for metallurgical coal Hubie van Dalsen said on the firms’s website.
BHP holds the remaining 75 percent of Maruwai and the company will form a joint venture with Adaro to manage it.
The Maruwai project’s external relations manager Indra Diannanjaya would not divulge the value of the 25 percent divested stake, since the completion of the transaction is subject to government approval.
Bambang Setiawan, director general for minerals, coal and geothermal at the Energy and Mineral Resources Ministry, said the divestment stake had been regulated in each mining contract. “We will evaluate whether this [BHP divestment] has been in accordance with the contract or not,” Bambang said.
The Maruwai coal project covers seven Coal Contracts of Work (CCoWs) located in East and Central Kalimantan and Adaro has operations near the site. BHP said the concession contained an estimated 774 million tons of undeveloped metallurgical and thermal coal. The project is expected to start coal production in 2014 with output to reach 6 million tons per year by 2019.
One of the contracts covers the Haju open-cast mine, where BHP plans to invest US$100 million.
BHP initially expected the mine to begin coal production by the middle of 2009, but in June last year the company decided to back down from its plan to develop the Haju mine, saying the project was not in line with the company’s long term business strategy.
This decision led to some 450 workers losing their jobs.
The company also signaled that it would completely pull out from Indonesia. However, in January BHP revised this position and told legislators it would only sell between 20 and 25 percent of its stake in the mine.
Several companies had reportedly bid for the 25 percent stake including PT Tambang Batubara Bukit Asam, the Djarum Group, the Rajawali Corp., Medco Energi, and PT Antam.
Source: The Jakarta Post ( By: Alfian )
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
|
|
|
Showing 5966 to 5970 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
|
| |
| |
|
