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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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Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
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- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
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