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Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's previous initial public offering (IPO) held between July 1 and 3.
Through the IPO, the company offered 73 percent its shares to the public at the price of Rp 115 a share and managed to secure Rp 210 billion in proceeds.
Garda director for business development Socrates Rudy Sirait says that the company will use 45.27-percent of the proceeds for capital expenditure, 9.19 percent for loan refinancing and 45.55 percent for working capital.
With that budget, the company targets to produce 900,000 tons of coal by the end of the year and will double it to the level of 1.8 million tons in 2010.
Last year, the company produced 30,000 tons of coal.
The company has a coal concession in Bunyu island, East Kalimantan with a total coal reserve of 140 million tons.
Source: The Jakarta Post
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Saturday, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points.
The drop in BDI i ...
Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said.
...
Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region.
The ...
Friday, 26 June 09
RUSSIA MECHEL TO DELIVER 2 MLN T COKING COAL TO ASIA
Russian steel and coal producer Mechel said on Thursday it had signed contracts to deliver about 2 million tonnes of coking coal concentrate to unna ...
Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...
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- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Australian Coal Association
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
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