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, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...
Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
Tuesday, 01 September 09
THREE COAL INVESTMENTS AND A SECTOR ON FIRE
With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It's no ...
|
|
|
Showing 6451 to 6455 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
|
| |
| |
|
