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Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indonesian coal company for USD 8.75 million, as quoted by PTI.
"We have completed the acquisition (70percent of the Indonesian coal firm) and we hope to start operations there in late 2012,"IMFA Managing Director Subhrakant Panda told PTI. While declining to name the acquired company, he added that IMFA is yet to carry out a detailed assessment of its reserves and required infrastructure to sustain operations there.
"It has a coal mine in East Kalimantan district of Indonesia but it is not possible for me to tell you the name, its reserves or the proposed investment right now. We are yet to do a detailed assessment,"Panda said.
The acquisition has been made through IMFA's Singapore based subsidiary, Ind Met Mining Pte Ltd and the detailed assessment will be completed in 6 to 8 months, he further said. The IMFA, which has 108 MW captive power generation capacity, also has plans to expand it to 258 MW by March, 2012.
The company is also developing a captive coal block with 123 million tonnes of mineable reserves through a special purpose vehicle, Utkal Coal.
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Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...
Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...
Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...
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 ...
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- Australian Coal Association
- McConnell Dowell - Australia
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- The University of Queensland
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
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