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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, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
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- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Economic Council, Georgia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
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