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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, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
Thursday, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in t ...
Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
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- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Independent Power Producers Association of India
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- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
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- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- The University of Queensland
- London Commodity Brokers - England
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
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