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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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Tuesday, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...
Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
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- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
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