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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$43.79 million in revenue and recorded 660,456 tons of coal in sales.
Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.
Source: Insider Stories
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Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
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- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Parliament of New Zealand
- White Energy Company Limited
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- PTC India Limited - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Australian Coal Association
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
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