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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with production expected to reach 70 million tons a year, an official says.
Bukit Asam president director Sukrisno expressed his optimism on Wednesday the company would meet its target, which would enable it to beat PT Adaro Tbk.'s production of around 45 million tons a year.
"With the additional coal shipping railway infrastructure and coal collection port we are optimistic we will become the biggest national player," Sutrisno told Antara news agency at the signing of cooperation to develop a 270-kilometer long coal shipping railway from Tanjung Enim to Tanjung Api-Api.
Sukrisno said the company's present capacity is around 12 million tons a year but is expected to reach 15 million tons next year.
The coal railway line is expected to help Bukit Asam to boost production. The US$1.6 billion project is expected to operate in 2014 with a load capacity of 35 million tons a year.
Sukrisno said the railway project was expected to increase coal shipping capacity significantly.
"With the completion of several infrastructure projects our production is expected by 2014 to reach 50 million tons a year," he said.
The company has 6.5 billion tons in coal reserve.
Source: The Jakarta Post
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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
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