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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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Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
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- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
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