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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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Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy
Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...
Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...
Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...
Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...
Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...
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- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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