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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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Monday, 25 June 12
RIO TINTO MAKES FIRST COAL SHIPMENT FROM MOZAMBIQUE
Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes ...
Sunday, 24 June 12
SUPRAMAX FREIGHT MARKET FIRMED UP FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - This week all the segments gained and marked was firm in the Supramax and Handy size sector, where as the Cape and Panamax inde ...
Saturday, 23 June 12
COAL PRICES APPETITE FOR ROLLER-COASTER RIDES
COALspot.com - SGX AsiaClear OTC Coal Swaps have suffered something of a roller-coaster ride in terms of prices during this week. SGX’s Indone ...
Friday, 22 June 12
PRESENT SPOT WEAKNESS IS TEMPORARY, SEASONAL AND RISE AS WINTER APPROACHES - BUMI
COALspot.com - PT Bumi Resources Tbk, the world’s one of the largest coal producer and Indonesia’s largest multi grade coal miner has no ...
Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
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- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
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