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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimantan, and PT Santan Batubara.
In a public expose material submitted to Indonesia Stock Exchange, Indika owns 46% stakes in Kideco which has coal reserves of 579 million tons with concession area of 50,400 hectares. In Kalimantan Barat's coal asset, Indika controls 90% stakes at 34,200 hectares concession area.
Through PT Petrosea Tbk (PTRO), Indika owns 50% stakes in Santan Batubara with 264 million tons of coal reserves.
Kideco Expansion
At the end of March 2010, Kideco, Indonesia's third largest coal mining company, produced 6.9 million tons of coal with overberden removal of 44.8 million bcm. Kideco's strip ratio reached 6.49.
Kideco has bought equipments such as dumptrucks, excavator, and the others. It has improved crushing plant and loading facilities. Kideco has initiated development of Samarangau pit which has the largest coal reserves at Kideco's concession area.
Samarangau is estimated to have coal resouces of 694 million tons and 348 million tons of coal reserves.
Santan Production
Santan Batubara is a joint venture between Petrosea, coal mining contractor acquired by Indika mid last year, and PT Harum Energy, a coal mine company owned by Indonesian tycoon Kiki Barki. Petrosea is responsible for coal mining contract and Harum Energy holds Santan's coal marketing.
Santan has commenced a commercial production in March 2009 by mining 1.25 million tons of coal. Santan has signed five contracts of overburden removal with Petrosea. The first productions this year and 2011 are estimated to obtain 2.5 million tons of coal annually.
In mrach 2010, Santan posted US$43.79 million in revenue and recorded 660,456 tons of coal in sales.
Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.
Source: Insider Stories
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Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
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- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
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- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
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- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- SMC Global Power, Philippines
- The University of Queensland
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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