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Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mining, has secured a long-term contract to sell 15 million metric tons of coal to a unit of global commodity trader Avra Asia, according to a statement released on Tuesday.
The contact, which involves a deal between ABM’s unit Reswara Minergi Hartama and Avra Asia’s unit Avra Commodities, was signed on Friday. It is valid from this month through July 2017.
Through the contract, Avra Commodities receives exclusive rights to sell and market low-rank coal produced by ABM’s indirect unit sold under the trademark of TIA Compliant Coal.
TCC is produced by Reswara’s unit Tunas Inti Abadi, and Avra Commodities sells the coal to Thailand, the Philippines, Taiwan and select buyers in China.
Through the second quarter of 2012, Reswara secured a total coal sales contract of 3.5 million metric tons, which is more than 80 percent of its target for the year — 5.5 million metric tons.
Reswara’s relationship with Avra Commodities has been secured since April, when Reswara forged a deal to sell 935,000 metric tons of low-rank coal to the Avra-owned unit.
Reswara controls four mining concessions in South Kalimantan and Nanggroe Aceh Darussalam provinces. Those mines have combined coal reserves of 550 million metric tons.
ABM Investama is controlled by the Hamami family, one of the wealthiest families in Indonesia and the owner of the Trakindo Group.
ABM Investama has interests in coal and power.
Source: Francezka Nangoy The Jakarta Globe
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Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
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- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- The University of Queensland
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
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