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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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Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...
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- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- The University of Queensland
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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