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Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a minority stake in London-based Bumi Plc, which has access to nearly 80 million tons of coal production currently controlled by Bakrie family.
PT Bakrie & Brothers, that owns 47% stake in Bumi Plc, breached two conditions in a US$1.35 billion loan agreement obtained from Credit Suiise AG and a group of lenders.
As a result, Bakrie & Brothers, as quoted by Bisnis Indonesia today, is in a default position. However, Bakrie management has confirmed that the company is not in such position. The company is considering to restructure or pay the loan facility of US$597 million that will mature in March 2012.
An analyst at Liberum Capital Ltd said the potential sale of Bumi Plc has drawn interest from several investors. "Glencore is the closest suitor, regarding to the relations with Bakrie Group.
Source: Insider Stories
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Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
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- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- The University of Queensland
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
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