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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, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Planning Commission, India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
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