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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, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
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- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- The University of Queensland
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
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