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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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Monday, 22 July 13
INDO COAL SWAP FOR AUGUST 13 DELIVERY GAINED ON WEEK BUT LOST ON DAY AND MONTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 delivery slightly up on week but fell on day and month on Fri ...
Friday, 19 July 13
U.S.COAL PRODUCTION TOTALED APPROXIMATELY 19.60 MMST WEEK ENDED JULY 13
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.60 million short tons (mmst) of ...
Friday, 19 July 13
TNPL IS LOOKING FOR 300 K MT OF 6000 GAD COAL FOR FIVE MONTH
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 5 shipments about 60,0 ...
Thursday, 18 July 13
3RD ANNUAL FLOATING TERMINALS, INDONESIA
Commercial applications for offshore transshipment facilities
Floating Terminal solutions are increasingly being deployed by miners, independent ...
Thursday, 18 July 13
THE CAPE MARKET APPEARS TO BE HOLDING FIRM - FEARNLEYS AS
Handy
In the Pacific, market maintained similar levels during the week. There is several Indo coal orders in the market, ships passing Singapore fi ...
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- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- The University of Queensland
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- VISA Power Limited - India
- Australian Coal Association
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
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