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, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
|
|
|
Showing 6216 to 6220 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
|
| |
| |
|
