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

Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...


Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...


Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...


Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...


Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...


   1018 1019 1020 1021 1022   
Showing 5096 to 5100 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 ...

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