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.
|
|
Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
|
|
|
Showing 6021 to 6025 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
|
| |
| |
|
