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Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
 The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Bukit Asam and PT Adaro has come to an end, with the verdict of the Supreme Court affirming the regency administration’s authority over the 24,752 hectare mining site that is located in the regency.
Deputy chief of the Supreme Court Farhan Berza revealed on Friday that the Supreme Court had decided to affirm the Lahat regent’s authority over the disputed mining site and that the copy of the decision made on Oct. 11 would be delivered to all conflicting parties, including publicly listed PT Bukit Asam.
“Bukit has to accept the Supreme Court’s verdict as final decision in the case because law is the supreme commander in this republic,” he said.
The Supreme Court made the decision to review, which was requested by Lahat Regent Syaifuddin Aswari Rivai in relation to the verdict of the State Administrative Court (PT TUN), which accepted Bukit Asam’s claim on the disputed site.
Lahat chief legislator Herliansyah hailed the Supreme Court’s verdict as the final decision that affirmed the regency administration’s authority over natural resources, including coal deposits and the mining site.
“The regency legislatures stand behind the regency administration’s decision, which has issued several coal work contracts in the past few years,” he said.
The regency administration has also issued a work contract to PT Mustika Indah Permai, owned by Adaro Group, but it suspended its operation following a lawsuit filed by Bukit Asam.
Adaro has acquired a 75 percent of Mustika Indah Permai’s stakes at a price of US$222.5 million from Elite Rich Investment Limited in order to improve its coal production. Adaro has secured several coal work contracts in South Kalimantan and has exported its coal production to China and Japan.
Source:The Jakarta Post (By Ridwan Max Sijabat)
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Tuesday, 22 November 11
ABM INVESTAMA SETS IPO AT RP 3,750
Insider Stories reported that, Integrated energy company PT ABM Investama Tbk has determined the IPO price at Rp3,750 (approximately US$ 0.415) per ...
Tuesday, 22 November 11
A SURPRISINGLY STRONG WEEK FOR THE CAPES - BRS
Positive gains for most of the segments this week, the exception being the Handysizes. Overall the BDI ended the week at 1,895 points (+3.3% week-on ...
Tuesday, 22 November 11
APPETITE FOR DRY BULK VESSELS SLOWS DOWN AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was down at the beginning of the week, as demand for Capesize vessels was particularly low. The industry’s benchmark, the ...
Monday, 21 November 11
CAPESIZES DRIVE MARKET LOWER, ANALYSTS DIVIDED ON DRY BULK OUTLOOK IN THE LONG RUN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market ended the week on a sour note, with the industry’s benchmark heading downwards to 1,895 points, which represented a slight ...
Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size.
The BDI was up by 3.26 pct and closed at 1895 poin ...
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- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- PTC India Limited - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
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