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Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012


PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said President Director of company.

Djoko Pranoto, Presidnet director further said, said coal mining companies that have been taken over by company are expected to give a maximum output next year. 

"We expect our production will reach 7 million tons by next year  with additional contribution from just acquired coal mines," he said as quoted by Kontan daily.

United Tractors, subsidiary of PT Astra International Tbk (ASII), spent US$121 million to acquire PT Asmin Bara Bronang (CCoW 3rd generation holder) , PT Duta Sejahtera ( the mine is located in central Kalimantan), and PT Bukit Enim Energy.

United Tractors, through its subsidiary PT Pamapersada Nusantara, controls 60% sake in Asmin Bara Bronang.



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Saturday, 17 September 11
GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE FOR US$ 1.26 BILLION
COALspot.com - GVK group, India’s leading infrastructure developer,confirmed arrangements for the acquisition of a strategic part of large, hi ...


Saturday, 17 September 11
INDIA'S GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE PROJECTS IN AUSTRALIA
COALspot.com - GVK group, India’s leading infrastructure developer, today confirmed arrangements for the acquisition of a strategic part of la ...


Friday, 16 September 11
DELTA DUNIA MAKMUR REMOVED 30.9 MILLION BCM OVERBURDEN IN AUGUST 2011
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 30.9 million bcm (+13.2% YoY) overburden in August 2011  while coal production was at 2.9 ...


Thursday, 15 September 11
RUSSIAN COAL EXPORTS UP 10.9% IN JAN-AUG TO 71.50 MILLION TONS - PORT NEWS / HELLENIC SHIPPING
Port News reported that, Coal exports from Russia in January-August 2011 grew by 10.9% compared with the same period last year, to 71.50 million ton ...


Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...


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