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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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Wednesday, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
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