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Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asian export through Peabody COALTRADE's international trading hub in Singapore.
The contract marks the third term agreement Peabody has secured in recent months, which together account for 5.5 million tons of Indonesian coal. Coal from PT CEM will be secured over two years from a mine in East Kalimantan, and the relationship could be expanded over time.
"Peabody's leading coal trading and brokerage platform continues to expand to serve high-growth Asia-Pacific markets," said Peabody President and Chief Commercial Officer Richard A. Navarre. "We will continue to increase our coal sourcing in Indonesia, the world's largest supplier of seaborne thermal coal."
Seaborne coal demand is projected to exceed 1 billion tonnes in 2011, with the Asia Pacific region comprising the vast majority of demand growth. Peabody serves customers in more than 25 countries on six continents and has trading and business offices in Indonesia, Singapore, China, Australia, the United Kingdom and the United States.
Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2010 sales of 246 million tons and nearly $7 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity.
Source: Peabody Energy
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Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
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- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Planning Commission, India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Latin American Coal - Colombia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Australian Coal Association
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
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