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Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 billion this year, following the operation of coal mining concession owned subsidiary of PT Bumi Karunia Pertiwi.
The Company has appointed PT Karunia Bumi Khatulistiwa as contractor for the coal mining in North Barito in Central Kalimantan, which is targeted to produce 300,000 tons of coal this year.
Director Suresh Vembu said the company has prepared a hauling road and supporting facilities to support its subsidiary, expected to contribute to company revenue this year.
"We expect that in the next two-three weeks, the mine could begin operations with a production target of 300,000 tons and rising to 1.5 million tons next year. Coal sales target is dependent on price, currently in the price range of US$ 70-80 per ton, "he told Bisnis Indonesia. The estimated sales value, assuming sales of 300,000 tons, is Rp 189-216 billion by the end of 2011.
AKR’s China based coal terminal has managed to sell 5 million metric tons last year and the company has plans to construct another coal terminal at Buntok Baru at Barito river in Central Kalimantan. The terminal will be build on a 38-hectare area with a barge loading conveyor capacity of 1,000 metric tons per hour.
Through its subsidiary, PT Anugrah Karya Raya, AKR and PT Austral Byna will form a 50:50 venture, PT Berkah Rukun Bersama, to develop coal transport facilities and infrastructure.
Austral Byna is a forest concession holder in North Barito, Central Kalimantan.
Source: Bisinis Indonesia
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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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- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- White Energy Company Limited
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
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