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, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...


Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...


Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...


Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...


Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...


   989 990 991 992 993   
Showing 4951 to 4955 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 ...

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