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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, 23 June 11
DRY BULK MARKET KEEPS EXHIBITING SIGNS OF WEAKNESS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to climb at new highs this week, showing signs of weakness, across most ship types. Yesterday, the Baltic Dry ...
Wednesday, 22 June 11
BOOMING INDONESIAN COAL EXPORTS - BLEEDING INDIAN POWER INDUSTRY
COALspot.com - Indonesia shipped 28.962 Million tons of coal in May 2011, up by 15.86 percent compared to April export of about 24.995 m ...
Tuesday, 21 June 11
SURGE IN PRODUCTION AND PRICES TO PUSH BUKIT ASAMS NET PROFITS ABOVE RP 3T - THE JAKARTA GLOBE
State-owned coal company Perusahaan Tambang Batubara Bukit Asam expects its net income to increase about 50 percent this year on the back of rising ...
Tuesday, 21 June 11
COURT BATTLE PUTS MASSIVE COAL PROJECT IN JEOPARDY - KOREA JOONGANG DAILY
As Korean companies race to exploit Indonesia’s abundant natural resources, two companies have been locked in a court case that has become so ...
Tuesday, 21 June 11
DRY BULK MARKET TURNS RED AGAIN ON VESSEL OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk entered this week on a negative turn, with the industry’s benchmark the Baltic Dry Index (BDI) retreating by 0.35% to end the ses ...
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- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
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