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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.
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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 ...
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- 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
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- 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
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- 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
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - 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
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- The University of Queensland
- London Commodity Brokers - England
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- 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
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- 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
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