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Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project (ICP) with BHP Billiton, following confirmation of outstanding Government approvals.
Adaro has acquired 25% interest in the ICP joint venture for US$335 million, with BHP Billiton holding the remaining 75%.
“We are delighted to have received government approval and now formed the ICP joint venture and we look forward to working together with BHP Billiton, a global leader in the resources industry and the world’s largest coking coal producer, in developing this world class asset, which we expect will create significant shareholder value,” Adaro Energy's President Director Garibaldi Boy Thohir, said in a press statement.
BHP Billiton President Metallurgical Coal Hubie van Dalsen said “We are very pleased that the Indonesian Government has approved the formation of the joint venture with Adaro, a strong Indonesian partner who shares our values and our commitment to the protection of the region’s outstanding biodiversity. “We are progressing study work to identify development options across the seven coal contracts of work (CCOWs) which will now be known as the IndoMet Coal project.”
The projects of Maruwai mining are PT Maruwai Coal, PT Juloi Coal, PT Kalteng Coal, PT Sumber Barito Coal, PT Lahai Coal, PT Ratah Coal, and PT Pari Coal.
Source: Insider Stories
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Saturday, 13 November 10
INDONESIA SHIPPED 8.73 % MORE COAL IN OCTOBER THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23.55 mln mt of coal in October 2010, which is 8.73 percent more compared to Septe ...
Friday, 12 November 10
BANPU'S NET PROFIT HAS INCREASED 249 PERCENT IN 3Q 2010 COMPARED TO THE SAME PERIOD LAST YEAR
COALspot.com: Banpu Public Company Limited (BANPU) reports its financial performance for the third quarter 2010, posting a net profit of THB 13,293 ...
Friday, 12 November 10
DRY BULK MARKET STILL ON A FREEFALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market failed to show any signs of life this week, with the Baltic Dry Index (BDI) still being on the red, now stretching more than 11 ...
Thursday, 11 November 10
KOMIPO WANTS 400KT OF SUB BITUMINOUS COAL
COALspot.com : Korea Midland Power Co. Ltd. (KOMIPO) is looking for 400,000 MT of sub bituminous coal through International open bidding. The delive ...
Wednesday, 10 November 10
NTPC TO IMPORT 12 MILLION TONS OF COAL IN 2011
COALspot.com: India's State Trading Corp Ltd a public sector Govt of India co. is looking for 12 million tones (+/- 2%) of imported coal for NTPC. ...
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- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Planning Commission, India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- PTC India Limited - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
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