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Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with its takeover of Sydney-based Centennial Coal Co, which Banpu shareholders approved yesterday.
Chief executive Chanin Vongkusolkit said the company expected to complete its tender offer for the remaining 80.1% of Centennial by the end of September or early October at the cost of A$2.017 billion or 55.29 billion baht.
Banpu earlier acquired 19.9% of Centennial for A$380 million. On July 5, Banpu announced it would buy all of the ordinarily shares of the Australian company that it does not already control at the price of A$6.2 per share.
Mr Chanin said yesterday that the takeover would be completed after Australia's general election on Aug 21, adding that he expected the new Australian government would welcome the deal.
The company expected to book revenue contributions from Centennial in the fourth quarter of this year, he added.
Centennial, with 10 mines, has marketable coal reserves of 386 million tonnes as of June 30 this year. Banpu, which operates coal mines in Indonesia and China, has reserves of 318 million tonnes.
Shareholders yesterday also approved the management's plan to issue additional debentures worth up to 20 billion baht with maturities of up to 15 years.
Mr Chanin said Banpu would issue some debentures later this year in multiple tranches to either refinance debts or fund its acquisition of Centennial.
Banpu was confident that 2010 revenue would beat forecasts despite lower production at the Daning mine in Shanxi province due to a licence renewal delay.
The company on Monday revised down forecast production of the Chinese underground mine by 10%, resulting in expected lower net profit of $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Tuesday, 26 May 15
MINING ASSOCIATION PERHAPI PUSHES FOR 35,000 MEGAWATT ELECTRICITY PROGRAM - JG
The Indonesian Mining Professionals Association, or Perhapi, has announced its support for a 35,000-megawatt national electricity program, saying i ...
Tuesday, 26 May 15
FOB INDONESIA COAL SWAP; UP WEEK OVER WEEK
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, this past week.
The Q3 swap was declined ...
Monday, 25 May 15
FOB NEWCASTLE COAL SWAP Q1'16 CLOSED LOWER THAN Q3'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.92 per MT (2.07%) month over month and US$ 0.70 week on week. ...
Monday, 25 May 15
CFR SOUTH CHINA COAL SWAP : Q3, Q4'15 & Q1'16 INCREASED M-O-M AND W-O-W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.55 (3.09%) per MT month over month and US$ 0.72 (1.41%) pe ...
Sunday, 24 May 15
INDONESIA TO INDIA PANAMAX CHARTER RATES WERE RATING AT AROUND US$ 5500
COALspot.com: The freight market softened in all segments this past week.
The BDI was dropped 7.57 percent week over week and closed at 586 po ...
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- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- The University of Queensland
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
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