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Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera and PT Duta Nurcahya, highly calorie coal mining companies, in North Barito, Central Kalimantan.
Tuah Turangga has entered a conditional sale and purchase agreement on July 8 2011. Tuah Turangga has agreed to buy 60% shareholding in Duta Sejahtera, as quoted by Insider Stories.
"Referring to the agreement, the company has options to obtain 60% stake in Duta Nurcahya from the same seller," Corporate Secretary Sara K. Loebis at United Tractors, said as quoted by Investor Daily today.
According to her, the closing of the take over depends on the accomplishment of the conditions mentioned at the agreement. Sara said coal concession of both companies are still green field. Total coal resources of Duta Sejahtera and Duta Nurcahya are estimated 25 million tons-100 million tons with 6,000-6,300 calorie.
"The mining is expected to commercially production in 2013 with 500,000 tons output."
Source: Insider Stories
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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- The University of Queensland
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Australian Coal Association
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
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