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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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Friday, 03 September 10
NALCO, INDONESIAN FIRM DIFFER ON COAL SUPPLY TO SMELTER - DNA INDIA
A few days ago, National Aluminium Company (Nalco) advertised in Indonesian newspapers asking for companies to bid for coal supplies for its 500,000 ...
Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...
Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...
Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corporation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from Ind&sh ...
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- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Thai Mozambique Logistica
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- Latin American Coal - Colombia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
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