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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at European investors.
According to Hendri Rudiawan, Investor Relation Manager of PT. Bukit Asam, PTBA will conduct Road show in London, Zurich, Frankfurt and Paris from 4th March to 10th March 2012.
Bukit Asam's total coal resources has reached 7.29 billion tons and around 1.99 billion tons are minable reserve. Bukit Asam is currently holding mining rights for 4 mines which are covering 90,702 hectors in Sumatra as well as in Kalimantan, the company data says.
Bukit Asam is expecteing to sell 18.6 million tons of coal in 2012, which is 35 percent higher compared to its sales volume of 13.5 million tons in 2011.
Company also has shipped 35% of its coal production in 2011 to Asian and European countries including Taiwan, Vietnam, Japan, Malaysia and China. 65% of PTBA coal has been consumed by domestic utilities. PTBA is the largest coal supplier of domestic market.
Bukit Asam also upgrading and expanding its Tarahan coal terminal and railway lines to push more coal in coming years.
According to Hendri, by 2014, PTBA's existing railway will be upgraded to move up to 22.7 million tons of coal and By 2016, an another new railway line will be in operation between Muara enim to Tanjung Api- Api, which can add an additional 35 million tons per annum by 2021.
The new railway line between Muara Enim to Tanjung Api-Api port will be built by Adani of India.
Tarahan coal terminal will also be upgraded to load 25 million tons of coal by 2014. Bukit Asam is focusing to become a number one coal producer in Indonesia by 2020 and company is preparing all required infrastructure to support its No.1 target by 2020.
Bukit Asam, “focusing on maximizing value for both corporate and investor" says, Investor Relation Manager, Hendri Rudiawan
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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- The University of Queensland
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
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