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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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Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...
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- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- VISA Power Limited - India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
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