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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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Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...
Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com - Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...
Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy
The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...
Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...
Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community.
The iron ore spot market is growing at a ...
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- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Australian Coal Association
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
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