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, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
|
|
|
Showing 6271 to 6275 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Planning Commission, India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
|
| |
| |
|