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Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) for takeover of coal mining companies as quoted by Insider Stories.
"We have to realize acquisition of coal companies this year," said Harum President Director Ray Antonio Gunara as quoted by Kontan daily today.
According to him, Harum is focusing on acquisition of coal mining with 5,000 kcalories. "We aim to buy coal mining in East Kalimantan as the company has rolled out infrastructure for coal mining in these area."
To support the acquisition, the company has Rp 1.03 trillion (approximately US$ 120.284 mln) of internally generated cash flow and Rp1.56 trillion (approximately US$ 182.179 mln) loan facility obtained from Bank DBS Ltd Singapore.
Harum, with coal reserves of 112.6 million tons, targets 10.4 million tons output this year, an increase from 7.4 million tons last year. The company owns three subsidiaries dubbed PT Santan Batubara, a joint venture with subsidiary of PT Indika Energy Tbk, PT Mahakam Sumber Jaya, and PT Tambang Batubara Harum.
"Production from Tambang Batubara Harum may reach 500,000 tons," Ray said.
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Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...
Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...
Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...
Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...
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- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Planning Commission, India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Electricity Generating Authority of Thailand
- The University of Queensland
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
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