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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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Tuesday, 03 July 12
DRY BULK MARKET INCHED FORWARD AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward at the beginning of the new week, prior to the US holidays regarding the celebration of the 4th of July, which is ...
Monday, 02 July 12
ORPHEUS STRENGTHENS REVENUE STREAM WITH NEW ROYALTY AGREEMENT AT THE B2 COAL PROJECT
Orpheus Energy (ASX:OEG) is pleased to advise that it has executed a life of mine Royalty Agreement with Indonesian mining contractor PT Debbia Mini ...
Monday, 02 July 12
DRY BULK DEMAND TO RISE TO 3.6 BILLION TONNES IN 2012, BUT NEW BUILDING DELIVERIES ARE
In its latest analysis on the dry bulk market fundamentals, DVB Bank said that dry bulk cargo demand is forecast to rise to approximately 3.6 billio ...
Sunday, 01 July 12
AUSTRALIAS CARBON TAX - SUNIL K KUMBHAT
COALspot.com - Climate Change
Climate change and global warming have now become buzzwords the world over. The disastrous consequences for global ...
Sunday, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction.
SGX’s ...
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- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Australian Coal Association
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
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