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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, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com - The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT M-o-M.
...
Sunday, 04 November 12
SUB-BIT INDONESIA COAL SWAPS FOR DECEMBER' 12 DELIVERY FALLS TO $ 59.78
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery fell -1.02 percent on WoW but gained 0.08 percent on D-D on Friday, 2 ...
Saturday, 03 November 12
THE SUPRAMAX FREIGHT EXPECTED TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - This week the market remained soft with all the sectors soft.
The BDI and was down by 6 pct closing at 986 points. The cape index ...
Saturday, 03 November 12
DEMOLITION IS THE KEY FOR DRY BULK SHIPPING'S RECOVERY SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the number of new building deliveries so far in 2012 already having surpassed the total of 2011, it's more than clear that the dry bulk sector ...
Thursday, 01 November 12
INDONESIA HAS REVISED DOWN ITS 2012 DOMESTIC MARKET OBLIGATION REQUIREMENT FOR COAL
COALspot.com - Minister of Energy and Mineral Resources of Indonesia has revised down its 2012 domestic market obligation requirement due to lower d ...
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Showing 4516 to 4520 news of total 6871 |
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- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
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