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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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Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...
Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG, the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...
Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...
Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...
Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's p ...
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- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
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