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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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Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...
Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...
Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...
Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...
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- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- The University of Queensland
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
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