COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION


COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mine acquisition will help them to reduce the cost of cement production as fuel cost is contributing about 30% of the total cement production, as reported by inila.com.

The Company is engaging in cement industry. Officially inaugurated on August 7, 1957 by the first President of the Republic of Indonesia with installed capacity of 250,000 tons cement per year. The company's domination in the domestik market share to a 44.4% current level.

The Company plans to acquire the IUP which is under production status with an investment of  Rp1 trillion (approximately US$ 116.78 million). PT Semen Gresik will also start to operate of two factories in 2012, and the company's coal consumption is expected to rise 2 million tons to 5 million tons by 2012., Inila said.

Samuel Securities sees the SMGR's expansion move vertically to secure the supply of fuel, and our outlook is positive as the acquisition of coal concession will increase cost-efficiency the SMGR. 

"But we are still awaiting details of acquisitions to see how much added value from these acquisitions," said Samuel Securities, according to Inila.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...


Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...


Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...


Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment. The five-year surge ...


Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...


   1010 1011 1012 1013 1014   
Showing 5056 to 5060 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Electricity Generating Authority of Thailand
  • Billiton Holdings Pty Ltd - Australia
  • The Treasury - Australian Government
  • Bhushan Steel Limited - India
  • Formosa Plastics Group - Taiwan
  • Petron Corporation, Philippines
  • Jatenergy - Australia
  • Cargill India Pvt Ltd
  • Orica Mining Services - Indonesia
  • Indogreen Group - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Minerals Council of Australia
  • Fearnleys - India
  • J M Baxi & Co - India
  • Argus Media - Singapore
  • IMC Shipping - Singapore
  • Meralco Power Generation, Philippines
  • Renaissance Capital - South Africa
  • Globalindo Alam Lestari - Indonesia
  • Cebu Energy, Philippines
  • Deutsche Bank - India
  • BRS Brokers - Singapore
  • Inspectorate - India
  • Edison Trading Spa - Italy
  • JPower - Japan
  • Planning Commission, India
  • Noble Europe Ltd - UK
  • Merrill Lynch Bank
  • Vale Mozambique
  • Ince & co LLP
  • McConnell Dowell - Australia
  • Mechel - Russia
  • Africa Commodities Group - South Africa
  • Thriveni
  • ICICI Bank Limited - India
  • GHCL Limited - India
  • GMR Energy Limited - India
  • Parry Sugars Refinery, India
  • ING Bank NV - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Bulk Trading Sa - Switzerland
  • Baramulti Group, Indonesia
  • Siam City Cement - Thailand
  • TRAFIGURA, South Korea
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Indian School of Mines
  • Bukit Makmur.PT - Indonesia
  • Videocon Industries ltd - India
  • Berau Coal - Indonesia
  • TGV SRAAC LIMITED, India
  • Surastha Cement
  • KPMG - USA
  • Kobexindo Tractors - Indoneisa
  • Sree Jayajothi Cements Limited - India
  • Therma Luzon, Inc, Philippines
  • Enel Italy
  • Bangkok Bank PCL
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Xstrata Coal
  • Binh Thuan Hamico - Vietnam
  • KOWEPO - South Korea
  • Essar Steel Hazira Ltd - India
  • Britmindo - Indonesia
  • Tamil Nadu electricity Board
  • Lanco Infratech Ltd - India
  • KEPCO - South Korea
  • The State Trading Corporation of India Ltd
  • Eastern Coal Council - USA
  • TeaM Sual Corporation - Philippines
  • Kaltim Prima Coal - Indonesia
  • Platts
  • DBS Bank - Singapore
  • Port Waratah Coal Services - Australia
  • Mercuria Energy - Indonesia
  • IBC Asia (S) Pte Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Pinang Coal Indonesia
  • Independent Power Producers Association of India
  • PLN Batubara - Indonesia
  • Interocean Group of Companies - India
  • Bangladesh Power Developement Board
  • Platou - Singapore
  • Pendopo Energi Batubara - Indonesia
  • PetroVietnam
  • UBS Singapore
  • Arutmin Indonesia
  • Power Finance Corporation Ltd., India
  • Oldendorff Carriers - Singapore
  • ACC Limited - India
  • MS Steel International - UAE
  • PNOC Exploration Corporation - Philippines
  • Romanian Commodities Exchange
  • Pipit Mutiara Jaya. PT, Indonesia
  • CoalTek, United States
  • Cigading International Bulk Terminal - Indonesia
  • Tata Power - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Asia Cement - Taiwan
  • Central Electricity Authority - India
  • CIMB Investment Bank - Malaysia
  • Australian Coal Association
  • Russian Coal LLC
  • Credit Suisse - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Price Waterhouse Coopers - Russia
  • Parliament of New Zealand
  • Adani Power Ltd - India
  • Petrosea - Indonesia
  • Inco-Indonesia
  • Siam City Cement PLC, Thailand
  • Deloitte Consulting - India
  • San Jose City I Power Corp, Philippines
  • Samtan Co., Ltd - South Korea
  • Humpuss - Indonesia
  • Mitsui
  • Rashtriya Ispat Nigam Limited - India
  • Central Java Power - Indonesia
  • GNFC Limited - India
  • Makarim & Taira - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Mitsubishi Corporation
  • Bukit Baiduri Energy - Indonesia
  • Kumho Petrochemical, South Korea
  • Orica Australia Pty. Ltd.
  • Bayan Resources Tbk. - Indonesia
  • CNBM International Corporation - China
  • Semirara Mining Corp, Philippines
  • Lafarge - France
  • PLN - Indonesia
  • Chamber of Mines of South Africa
  • EIA - United States
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Jindal Steel & Power Ltd - India
  • Jaiprakash Power Ventures ltd
  • Coastal Gujarat Power Limited - India
  • Coal Orbis AG
  • International Coal Ventures Pvt Ltd - India
  • India Bulls Power Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Singapore Mercantile Exchange
  • Medco Energi Mining Internasional
  • Indo Tambangraya Megah - Indonesia
  • NTPC Limited - India
  • Mitra SK Pvt Ltd - India
  • Grasim Industreis Ltd - India
  • Thiess Contractors Indonesia
  • Sical Logistics Limited - India
  • Economic Council, Georgia
  • Standard Chartered Bank - UAE
  • Gresik Semen - Indonesia
  • TNPL - India
  • Mintek Dendrill Indonesia
  • Vitol - Bahrain
  • Gupta Coal India Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Uttam Galva Steels Limited - India
  • Star Paper Mills Limited - India
  • Mjunction Services Limited - India
  • Marubeni Corporation - India
  • Carbofer General Trading SA - India
  • Runge Indonesia
  • Salva Resources Pvt Ltd - India
  • Wilmar Investment Holdings
  • World Bank
  • Ernst & Young Pvt. Ltd.
  • Bank of China, Malaysia
  • Vizag Seaport Private Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Heidelberg Cement - Germany
  • Kalimantan Lumbung Energi - Indonesia
  • SGS (Thailand) Limited
  • Bhatia International Limited - India
  • Aboitiz Power Corporation - Philippines
  • Timah Investasi Mineral - Indoneisa
  • Maharashtra Electricity Regulatory Commission - India
  • Mercator Lines Limited - India
  • Goldman Sachs - Singapore
  • Japan Coal Energy Center
  • Cement Manufacturers Association - India
  • U S Energy Resources
  • NALCO India
  • Ministry of Finance - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • CCIC - Indonesia
  • MEC Coal - Indonesia
  • Australian Commodity Traders Exchange
  • McKinsey & Co - India
  • Coal India Limited
  • European Bulk Services B.V. - Netherlands
  • Trasteel International SA, Italy
  • Thai Mozambique Logistica
  • Indian Oil Corporation Limited
  • Kideco Jaya Agung - Indonesia
  • Reliance Power - India
  • Latin American Coal - Colombia
  • Sojitz Corporation - Japan
  • Krishnapatnam Port Company Ltd. - India
  • Thermax Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • VISA Power Limited - India
  • Coeclerici Indonesia
  • Bharathi Cement Corporation - India
  • Barasentosa Lestari - Indonesia
  • Barclays Capital - USA
  • IHS Mccloskey Coal Group - USA
  • Attock Cement Pakistan Limited
  • Thailand Anthracite
  • Cosco
  • ETA - Dubai
  • Bank of America
  • Energy Link Ltd, New Zealand
  • Riau Bara Harum - Indonesia
  • ANZ Bank - Australia
  • Karaikal Port Pvt Ltd - India
  • White Energy Company Limited
  • Cardiff University - UK
  • ASAPP Information Group - India
  • SN Aboitiz Power Inc, Philippines
  • Tata Chemicals Ltd - India
  • Rudhra Energy - India
  • Wood Mackenzie - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Directorate Of Revenue Intelligence - India
  • PowerSource Philippines DevCo
  • Ind-Barath Power Infra Limited - India
  • Georgia Ports Authority, United States
  • Total Coal South Africa
  • OPG Power Generation Pvt Ltd - India
  • World Coal - UK
  • Kapuas Tunggal Persada - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Clarksons - UK
  • AsiaOL BioFuels Corp., Philippines
  • GVK Power & Infra Limited - India
  • Permata Bank - Indonesia
  • Indika Energy - Indonesia
  • Merrill Lynch Commodities Europe
  • Gujarat Electricity Regulatory Commission - India
  • Madhucon Powers Ltd - India
  • Posco Energy - South Korea
  • Maersk Broker
  • Maheswari Brothers Coal Limited - India
  • Freeport Indonesia
  • Cemex - Philippines
  • Shenhua Group - China
  • Global Business Power Corporation, Philippines
  • Bhoruka Overseas - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Thomson Reuters GRC
  • Ministry of Mines - Canada
  • Vedanta Resources Plc - India
  • Chettinad Cement Corporation Ltd - India
  • Commonwealth Bank - Australia
  • Kepco SPC Power Corporation, Philippines
  • Shree Cement - India
  • globalCOAL - UK
  • Global Green Power PLC Corporation, Philippines
  • Kobe Steel Ltd - Japan
  • Metalloyd Limited - United Kingdom
  • Indorama - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Iligan Light & Power Inc, Philippines
  • RBS Sempra - UK
  • KPCL - India
  • Tanito Harum - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • CESC Limited - India
  • JPMorgan - India
  • Meenaskhi Energy Private Limited - India
  • Adaro Indonesia
  • Idemitsu - Japan
  • GB Group - China
  • Indonesia Power. PT
  • Sucofindo - Indonesia
  • Borneo Indobara - Indonesia
  • Malabar Cements Ltd - India
  • The India Cements Ltd
  • GN Power Mariveles Coal Plant, Philippines
  • SMC Global Power, Philippines
  • UOB Asia (HK) Ltd
  • Asian Development Bank
  • SMG Consultants - Indonesia
  • Ambuja Cements Ltd - India
  • Anglo American - United Kingdom
  • Panama Canal Authority
  • Core Mineral Indonesia
  • Agrawal Coal Company - India
  • APGENCO India
  • WorleyParsons
  • Simpson Spence & Young - Indonesia
  • SUEK AG - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Intertek Mineral Services - Indonesia
  • Qatrana Cement - Jordan
  • Geoservices-GeoAssay Lab
  • Maybank - Singapore
  • Electricity Authority, New Zealand
  • Glencore India Pvt. Ltd
  • Global Coal Blending Company Limited - Australia
  • Savvy Resources Ltd - HongKong
  • TANGEDCO India
  • Banpu Public Company Limited - Thailand
  • Altura Mining Limited, Indonesia
  • HSBC - Hong Kong
  • Malco - India
  • EMO - The Netherlands
  • Sakthi Sugars Limited - India
  • Gujarat Sidhee Cement - India
  • Xindia Steels Limited - India
  • Moodys - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Aditya Birla Group - India
  • Directorate General of MIneral and Coal - Indonesia
  • Coaltrans Conferences
  • Coalindo Energy - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Rio Tinto Coal - Australia
  • Ministry of Transport, Egypt
  • The University of Queensland
  • Infraline Energy - India
  • London Commodity Brokers - England
  • PTC India Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • IOL Indonesia
  • Manunggal Multi Energi - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sindya Power Generating Company Private Ltd
  • OCBC - Singapore
  • SASOL - South Africa
  • Larsen & Toubro Limited - India
  • Dalmia Cement Bharat India
  • SRK Consulting
  • Coal and Oil Company - UAE
  • LBH Netherlands Bv - Netherlands
  • IEA Clean Coal Centre - UK
  • South Luzon Thermal Energy Corporation
  • Leighton Contractors Pty Ltd - Australia
  • Eastern Energy - Thailand
  • Toyota Tsusho Corporation, Japan
  • Arch Coal - USA
  • Samsung - South Korea
  • Peabody Energy - USA
  • Maruti Cements - India
  • BNP Paribas - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Indonesian Coal Mining Association
  • bp singapore
  • Ceylon Electricity Board - Sri Lanka
  • Antam Resourcindo - Indonesia
  • New Zealand Coal & Carbon
  • Jorong Barutama Greston.PT - Indonesia
  • Indian Energy Exchange, India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Energy Development Corp, Philippines