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Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now reviewed, as quoted by Insider Stories.
The acquisition, said Bukit Asam CEO Sukrisno, is expected to complete in the second or third quarter of this year. These two coal mines are expected to start production by 2012 with capacity of 1 million tons-2.5 million tons.
Besides the acquisition, Bukit Asam and its consortia has passed the qualification for tender of four power plants.
Bukit Asam has tied up Chinese Hua Tian for the power plant project with capacity of 2x600 MW in South Sulawesi, 2x300 MW in South Sumatra in partnership with subsidiary of PT United Tractors Tbk.
Bukit Asam will bankroll the project with internally generated cash flow which reached Rp 5 trillion (approximately US$ 583.771 million).
The company expects to reach net profit of above Rp 3 trillion (approximately US$ 350.262 million) in 2011 from Rp 2 trillion (approxiamtely US$ 233.508 million) last year because of higher sales volume and prices.
Sales volume is expected to increase 31% to 16.9 million tons of coal in 2011 from 12 million tons last year. The revenue is estimated to rise 46.34% to Rp12 trillion (approximately US$ 1.401 billion) from Rp 8.2 trillion (approxiamtely US$ 957.384 million).
"We estimate our 2011's average selling prices of US$ 80 per ton from $ 61.5 ton," He said.
The company provides capital expenditure of Rp1.8 trillion (approximately US$ 210.157) to support this target will finance from generated internally cash.
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Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...
Wednesday, 29 June 11
ANOTHER STRONG PERFORMANCE BY CAPESIZE - BRS
Another strong performance by the Capesize market this week, bringing the BCI up 8% to 1,974 points. However the Panamax market was penalised, losin ...
Monday, 27 June 11
THE IRON ORE IMPORTS BY CHINA SEEMED TO SLOW DOWN - VISTAAR
COALspot.com - The BDI was holding as previous week and was just up by 1 point and closed at 1424 points end of last week. The biggest gain was ...
Friday, 24 June 11
THE INDONESIAN GOVERNMENT WILL NOT EXTEND ALL EXPIRED MINING CONTRACTS - JAKARTA UPDATES
The Indonesian Government have decided not to extend all mining concessions under the scheme called Contract of Work and instead will take over the ...
Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. ...
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- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Planning Commission, India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
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