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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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Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...
Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
Howeve ...
Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
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- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
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