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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, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
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- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Australian Coal Association
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
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