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Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint venture company with BHP Billiton.
Adaro, via a subsidiary namely PT Alam Tri Abadi, owns 25% shareholding in IndoMet Coal and BHP controls the remaining stake in the coking coal miner with concessions in South and East Kalimantan, as quoted by Insider Stories.
Insider Stories furhter said, Adaro owns 25% shareholdings in seven units of BHP such as PT Maruwai Coal, PT Juloi Coal, PT Kalteng Coal, PT Sumber Barito Coal, PT Lahai Coal, PT Ratah Coal, and PT Pari Coal.
“At end of first quarter last year, we acquired 25% stake from BHP worth US$334.73 million. We will spend US$100 million in 2011,” said Adaro Corporate Secretary Devindra Ratzarwin as quoted by Investor Daily today.
He said the investment in IndoMet Coal is beyond the total capital expenditure set by Adaro.
Adaro plans to spend US$608 million-US$628 million capex this year. For routine expenses, the company will spend US$175 million and US$250 million to purchase heavy equipments, said Insider Stories.
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Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...
Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...
Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...
Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...
Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...
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- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
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