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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, 16 July 09
JAPAN'S J - POWER STARTS OPS AT NEW 600 MW COAL UNIT
Reuters, a worlds leading news agency reported that, Electric Power Development Co (J-Power) said on Thursday it started commercial operations at it ...
Thursday, 16 July 09
DELIVERY OF COAL MINE EXPLORATION THROUGH NEWCASTLE PORT ROSE 11 PERCENT
July 16th, 2009 Newcastle is a port in Australia that provides services in the delivery of coal from Australia to other countries. Newcastle port ha ...
Thursday, 16 July 09
CIL KEEN ON JOINT VENTURES
* Targets to raise production by 10 m tonnes by 2012
* Plans to tap reserves of abandoned mines
The Hindu, an Indian news paper reported that, t ...
Wednesday, 15 July 09
COAL INDIA INVITES EOI FOR COAL MINING IN FOREIGN COUNTRIES
Economict Tmes reported that, Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic ...
Wednesday, 15 July 09
BANGLADESH TO IMPORT COAL FROM INDIA FOR 1 MORE YR
Bangladesh has decided to import coal from neighbour India for another year to save foreign exchange and time, a commerce ministry official said on ...
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- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
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- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
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- Power Finance Corporation Ltd., India
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- Ministry of Mines - Canada
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- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
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- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
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- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
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- Xindia Steels Limited - India
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- Attock Cement Pakistan Limited
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- New Zealand Coal & Carbon
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