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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, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
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- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Parliament of New Zealand
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- The University of Queensland
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
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