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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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Monday, 13 September 10
CIL IN TALKS WITH SHIPPING CORP TO FORM JV FOR COAL IMPORTS
Shipping Corporation of India, the largest domestic shipping liner, may form a joint venture with Coal India for coal imports, a top company officia ...
Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- The University of Queensland
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Marubeni Corporation - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
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