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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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Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
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- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Planning Commission, India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- PTC India Limited - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- The University of Queensland
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
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