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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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Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...
Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...
Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...
Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South Afr ...
Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
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- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
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