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.
|
|
Thursday, 17 December 09
THE 6TH CLEAN ENERGY FORUM - CLEAN COAL 2010
COALspot.com (China) - Press Release: The 6th Clean Energy Forum--Clean Coal 2010 January 27-29, 2010 Renaissance Tianjin Teda Hotel And Conven ...
Thursday, 17 December 09
JFE STEEL INVESTS $555 MILLION IN AUSTRALIA COAL MINE
JFE Steel Corp., Japan’s second- largest producer, will invest 50 billion yen ($555 million) in a coal mine in Queensland, Australia, includin ...
Thursday, 17 December 09
CHINA, INDIA DEMAND MAY BOOST THERMAL COAL PRICE, JPMORGAN SAYS
Demand for thermal coal from China and India may boost prices of the fuel to $80 a metric ton next year amid reduced supplies and lower inventories, ...
Thursday, 17 December 09
RBCT PROBLEMS TO CAUSE STEAM COAL PRICE SPIKE IN Q1
Bugs in the new computer system at South Africa's Richards Bay Coal Terminal and persistent rail problems will make it impossible for exporters to ...
Thursday, 17 December 09
CIL TO IMPORT 4 MILLION TONNES COAL FOR NTPC
The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC.
"Earlier, ther ...
|
|
|
Showing 6161 to 6165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Australian Coal Association
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Planning Commission, India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
|
| |
| |
|
