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
Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP


The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equipment for its site in Berau, East Kalimantan.

Company chief executive officer Kuhan Selvaretnam said on Wednesday that Supra Bara Energi wanted to increase production from a current level of 600,000 to 1.2 million tons per year.

"The heavy equipment will arrive at our site in Berau in November. Starting that month, we can raise production from 50,000 tons of coal per month to 100,000 tons," he said at a press conference in Jakarta.

Supra Bara Energi and BNP Paribas are now discussing the second phase of the loan facility to help the coal producer reach production targets of 3 million tons in 2013 and 5 million tons in 2014.

"The second phase of the loan will be greater than $20 million and will have a tenure of between three and five years," Kamal Osman, president director of BNP Paribas, said.

Kuhan said that Supra Bara Energi would conduct an initial public offering (IPO) if production reached 80% of its 2014 target.

Supra Bara Energi currently has seven mining sites in Kalimantan in the production phase and exports coal primarily to Asian countries such as China, India, Japan and Taiwan.
Source: The Jakarta Post



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

Recent News

Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...


Sunday, 09 April 23
CHINA’S BUSINESS INCOME REBOUND POINTS TO IMPROVING ECONOMY: OFFICIAL - XINHUA
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy. ...


Sunday, 09 April 23
COAL INDIA TO BOOST SUPPLIES TO INDUSTRIES AS UTILITIES’ INVENTORIES RISE - REUTERS
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by ...


Thursday, 06 April 23
MARKET INSIGHT - INTERMODAL
LNG Current Supply/Demand Dynamics This year, LNG supply will likely exceed demand, so prices will need to decline to levels that will encourag ...


Sunday, 26 March 23
EUROPE’S RUSH TO LNG COULD TURN INTO 'WORLD’S MOST EXPENSIVE AND UNNECESSARY INSURANCE POLICY'- CNBC
Europe’s rapid buildout of liquefied natural gas infrastructure is on track to far exceed demand by the end of the decade, according to new r ...


   21 22 23 24 25   
Showing 111 to 115 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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