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Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, as new customers and new contracts help fuel growth, a top company official said on Thursday.
"Next year we may produce around 17 million tonnes," President Director Bob Kamandanu told reporters without elaborating. This figure would be about 16 percent higher than this year's production target of 14.7 million tonnes.
Kamandanu gave no details of production so far this year.
Unlisted Berau Coal, which has a 1,200 square km (460 sq mile) concession area in East Kalimantan province, produced 13.2 million tonnes of coal in 2008.
Kamandanu said several new customers were likely to emerge, particularly from India, where many new power plants are scheduled to start operating soon.
The firm has also secured spot contracts with two new Chinese buyers for a combined 700,000 tonnes to be shipped between July and March 2010.
"If it goes well, we will look to extend the contract next year," said Kamandanu.
Armadian Tritunggal -- an investment firm controlled by Indonesian businessman Rizal Risjad -- is selling its 51 percent controlling stake in Berau. Several Indonesian and foreign firms have expressed an interest in the stake.
Sources said Berau had generated strong interest as it is rare for controlling stakes in Indonesian energy firms to be put on the market.
Source: Reuters
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Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains
* Mining majors expected to buy not sell
* South Africa a target, Indonesia less so
By Jackie ...
Friday, 28 August 09
JSW MAY BUY AFRICAN MINE FOR US$ 350
The Economic Times Reported that, The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimate ...
Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad ...
Thursday, 27 August 09
CIL TO SPEND US$ 1 - 1.5 BN TO ACQUIRE ASSETS IN 4 COUNTRIES
Business Standard reported that, "Coal India is looking to spend $1-1.5 billion in acquiring mining assets in Australia, Indonesia, South Afric ...
Wednesday, 26 August 09
INDIA'S JSW TO DOUBLE JAIGARH PORT CAPACITY TO 20 MT
Sea Trade Asia reported that, JSW Jaigarh Port, a wholly owned subsidiary of JSW Infrastructure & Logistics, plans to double cargo handling capa ...
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- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Australian Coal Association
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- PTC India Limited - India
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
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