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Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
.jpg) About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said.
BHP Billiton said on June 9 month that it had decided not to go ahead with the Haju trial coal mine in Central Kalimantan province on Borneo island because it did not fit with its long-term investment strategy.
"There are about four companies that are interested. We asked them to negotiate directly with BHP Billiton," Bambang Setiawan, director general of mining, coal and geothermal at the energy ministry, said late on Thursday.
Setiawan did not name the firms but said they were local investors.
Haju was stage one of the Maruwai coal project, the 100 percent BHP Billiton owned metallurgical coal deposit, in Central Kalimantan which was expected to produce 1 million tons of metallurgical coal -- used for steel-making -- per year.
In June last year, the firm announced it would invest $100 million to develop the project which was expected to start producing in the middle of this year.
The firm has said it will gradually lay off 450 workers and 250 contractors involved in the project.
The firm was still assessing commercial options for the project, Indra Diannanjaya, president director of PT Lahai Coal which is part of BHP's Maruwai coal project, said.
The move is another blow to Indonesia's mining sector which has struggled to attract new investment from major global mining players in recent years, partly due to issues such as uncertainty over mining regulations and disputes with local government.
In November last year, BHP decided also to scrap a study into developing an integrated nickel project in eastern Indonesia which was under a conditional agreement with Indonesian state miner PT Aneka Tambang Tbk.
"We are not worry about investment because there are many who are willing to replace BHP," Setiawan said.
Indonesia expects investment in mining and geothermal investment this year to reach about $2.24 billion. In the first quarter, mining and geothermal investment stood at $251.43 million.
Source: Reuters (http://www.reuters.com/article/innovationNews/idUSTRE55P15G20090626)
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Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
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- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- The University of Queensland
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
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