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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$43.79 million in revenue and recorded 660,456 tons of coal in sales.
Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.
Source: Insider Stories
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Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
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- Bayan Resources Tbk. - Indonesia
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- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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