COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS


* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009


Reuters world's largest international multimedia news agency reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam has set aside $150 million to buy coal mines and expects to complete one mine acquisition by the end of 2009, President Director Sukrisno said on Thursday.

The acquisitions are part of the firm's plan to increase its coal production to 50 million tonnes a year within five to six years.

"We are in the due dilligence process for two mines, but hopefully this year we will settle the deal for one mine," said Sukrisno.

Data on the mine's coal reserves was not yet available because the mine, located in East Kalimantan, was new and had not started production, he said.

Bukit Asam expected its coal output to be 12 million tonnes this year, up from 11 million tonnes in 2008, helped by an increased use of trains to transport coal.

The firm had previously said it planned to increase train capacity to carry coal to 11.6 million tonnes this year, from 10.3 million tonnes by adding more trains.

Bukit Asam, Indonesia's third-largest coal miner by market value, had also said it would form a joint venture with state train operator PT Kereta Api Indonesia to upgrade existing rail links from its coal mines to a port on the southern tip of Sumatra.

South Sumatra, where Bukit Asam's coal mines are located, has 47 billion tonnes of coal reserves, or half of Indonesia's total of 93.4 billion tonnes, data from the energy and mines ministry shows.

But poor transportation in the province has been an obstacle to increase coal output, which averages just 12 million tonnes a year.
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest  coal producing region, is aiming to keep its annual coal output a ...


Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...


Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...


Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...


Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13 LiveMint reported ...


   1289 1290 1291 1292 1293   
Showing 6451 to 6455 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Africa Commodities Group - South Africa
  • Shree Cement - India
  • CCIC - Indonesia
  • Sakthi Sugars Limited - India
  • PetroVietnam
  • JPMorgan - India
  • Orica Mining Services - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Thermax Limited - India
  • Freeport Indonesia
  • Kartika Selabumi Mining - Indonesia
  • South Luzon Thermal Energy Corporation
  • Jindal Steel & Power Ltd - India
  • Bhatia International Limited - India
  • Singapore Mercantile Exchange
  • Coal Orbis AG
  • Jorong Barutama Greston.PT - Indonesia
  • Formosa Plastics Group - Taiwan
  • Baramulti Group, Indonesia
  • Ernst & Young Pvt. Ltd.
  • Asmin Koalindo Tuhup - Indonesia
  • GB Group - China
  • Global Business Power Corporation, Philippines
  • Therma Luzon, Inc, Philippines
  • ING Bank NV - Singapore
  • GVK Power & Infra Limited - India
  • Binh Thuan Hamico - Vietnam
  • NALCO India
  • CIMB Investment Bank - Malaysia
  • UOB Asia (HK) Ltd
  • Parliament of New Zealand
  • APGENCO India
  • Billiton Holdings Pty Ltd - Australia
  • Platou - Singapore
  • BRS Brokers - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Inspectorate - India
  • Dalmia Cement Bharat India
  • Lafarge - France
  • Minerals Council of Australia
  • Indonesia Power. PT
  • Panama Canal Authority
  • Energy Development Corp, Philippines
  • Adaro Indonesia
  • Vedanta Resources Plc - India
  • BNP Paribas - Singapore
  • Indian Energy Exchange, India
  • Eastern Coal Council - USA
  • Planning Commission, India
  • Semirara Mining Corp, Philippines
  • WorleyParsons
  • SN Aboitiz Power Inc, Philippines
  • Commonwealth Bank - Australia
  • Mintek Dendrill Indonesia
  • Meenaskhi Energy Private Limited - India
  • JPower - Japan
  • IHS Mccloskey Coal Group - USA
  • Samsung - South Korea
  • Holcim Trading Pte Ltd - Singapore
  • Gresik Semen - Indonesia
  • Energy Link Ltd, New Zealand
  • Simpson Spence & Young - Indonesia
  • Heidelberg Cement - Germany
  • Latin American Coal - Colombia
  • Kaltim Prima Coal - Indonesia
  • Georgia Ports Authority, United States
  • TRAFIGURA, South Korea
  • Maheswari Brothers Coal Limited - India
  • Gujarat Sidhee Cement - India
  • Alfred C Toepfer International GmbH - Germany
  • Glencore India Pvt. Ltd
  • TeaM Sual Corporation - Philippines
  • India Bulls Power Limited - India
  • Rio Tinto Coal - Australia
  • Cebu Energy, Philippines
  • bp singapore
  • Sinarmas Energy and Mining - Indonesia
  • ICICI Bank Limited - India
  • RBS Sempra - UK
  • Antam Resourcindo - Indonesia
  • Asian Development Bank
  • Maersk Broker
  • McKinsey & Co - India
  • Cement Manufacturers Association - India
  • Jatenergy - Australia
  • NTPC Limited - India
  • Savvy Resources Ltd - HongKong
  • Tamil Nadu electricity Board
  • ETA - Dubai
  • Makarim & Taira - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Trasteel International SA, Italy
  • Merrill Lynch Bank
  • Kalimantan Lumbung Energi - Indonesia
  • White Energy Company Limited
  • Semirara Mining and Power Corporation, Philippines
  • Inco-Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Marubeni Corporation - India
  • Renaissance Capital - South Africa
  • Eastern Energy - Thailand
  • Gujarat Electricity Regulatory Commission - India
  • Neyveli Lignite Corporation Ltd, - India
  • Xindia Steels Limited - India
  • Central Electricity Authority - India
  • Meralco Power Generation, Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Pendopo Energi Batubara - Indonesia
  • Borneo Indobara - Indonesia
  • Sindya Power Generating Company Private Ltd
  • IOL Indonesia
  • Adani Power Ltd - India
  • Japan Coal Energy Center
  • Clarksons - UK
  • Siam City Cement PLC, Thailand
  • SUEK AG - Indonesia
  • SRK Consulting
  • Shenhua Group - China
  • Russian Coal LLC
  • Petrochimia International Co. Ltd.- Taiwan
  • CNBM International Corporation - China
  • Leighton Contractors Pty Ltd - Australia
  • Essar Steel Hazira Ltd - India
  • Coeclerici Indonesia
  • Platts
  • ACC Limited - India
  • TGV SRAAC LIMITED, India
  • Sucofindo - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Cargill India Pvt Ltd
  • Economic Council, Georgia
  • Cigading International Bulk Terminal - Indonesia
  • KEPCO - South Korea
  • Aboitiz Power Corporation - Philippines
  • PLN Batubara - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Electricity Authority, New Zealand
  • Maruti Cements - India
  • Indian School of Mines
  • ANZ Bank - Australia
  • EMO - The Netherlands
  • International Coal Ventures Pvt Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • ASAPP Information Group - India
  • Kobexindo Tractors - Indoneisa
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • DBS Bank - Singapore
  • Argus Media - Singapore
  • Independent Power Producers Association of India
  • Cemex - Philippines
  • Australian Commodity Traders Exchange
  • The Treasury - Australian Government
  • Ceylon Electricity Board - Sri Lanka
  • Anglo American - United Kingdom
  • Maharashtra Electricity Regulatory Commission - India
  • Mitsubishi Corporation
  • IBC Asia (S) Pte Ltd
  • SASOL - South Africa
  • globalCOAL - UK
  • SMC Global Power, Philippines
  • Bhushan Steel Limited - India
  • Banpu Public Company Limited - Thailand
  • Enel Italy
  • SGS (Thailand) Limited
  • Barasentosa Lestari - Indonesia
  • Ministry of Finance - Indonesia
  • Deutsche Bank - India
  • Vitol - Bahrain
  • Thai Mozambique Logistica
  • Bank of China, Malaysia
  • Berau Coal - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • IEA Clean Coal Centre - UK
  • Posco Energy - South Korea
  • Xstrata Coal
  • Indian Oil Corporation Limited
  • Indonesian Coal Mining Association
  • KOWEPO - South Korea
  • CoalTek, United States
  • Peabody Energy - USA
  • Bharathi Cement Corporation - India
  • San Jose City I Power Corp, Philippines
  • Vizag Seaport Private Limited - India
  • Barclays Capital - USA
  • PNOC Exploration Corporation - Philippines
  • Tata Chemicals Ltd - India
  • Wilmar Investment Holdings
  • Jaiprakash Power Ventures ltd
  • Runge Indonesia
  • Coastal Gujarat Power Limited - India
  • OCBC - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • The University of Queensland
  • Ind-Barath Power Infra Limited - India
  • Coalindo Energy - Indonesia
  • GHCL Limited - India
  • Wood Mackenzie - Singapore
  • Tanito Harum - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Bukit Makmur.PT - Indonesia
  • Bulk Trading Sa - Switzerland
  • Kideco Jaya Agung - Indonesia
  • Mercator Lines Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Geoservices-GeoAssay Lab
  • Bangkok Bank PCL
  • MEC Coal - Indonesia
  • Australian Coal Association
  • Samtan Co., Ltd - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • Interocean Group of Companies - India
  • UBS Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • PetroVietnam Power Coal Import and Supply Company
  • Siam City Cement - Thailand
  • Toyota Tsusho Corporation, Japan
  • Metalloyd Limited - United Kingdom
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Lanco Infratech Ltd - India
  • IMC Shipping - Singapore
  • Kobe Steel Ltd - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Rudhra Energy - India
  • PowerSource Philippines DevCo
  • HSBC - Hong Kong
  • CESC Limited - India
  • Merrill Lynch Commodities Europe
  • KPCL - India
  • Indika Energy - Indonesia
  • Power Finance Corporation Ltd., India
  • Arch Coal - USA
  • TANGEDCO India
  • Krishnapatnam Port Company Ltd. - India
  • London Commodity Brokers - England
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Videocon Industries ltd - India
  • GNFC Limited - India
  • Medco Energi Mining Internasional
  • Bukit Baiduri Energy - Indonesia
  • Humpuss - Indonesia
  • Aditya Birla Group - India
  • Indogreen Group - Indonesia
  • Surastha Cement
  • Cosco
  • TNB Fuel Sdn Bhd - Malaysia
  • Petron Corporation, Philippines
  • LBH Netherlands Bv - Netherlands
  • Mjunction Services Limited - India
  • Total Coal South Africa
  • Mitra SK Pvt Ltd - India
  • Larsen & Toubro Limited - India
  • Chamber of Mines of South Africa
  • The State Trading Corporation of India Ltd
  • Malabar Cements Ltd - India
  • Indorama - Singapore
  • Price Waterhouse Coopers - Russia
  • Core Mineral Indonesia
  • Directorate Of Revenue Intelligence - India
  • KPMG - USA
  • Thomson Reuters GRC
  • Bhoruka Overseas - Indonesia
  • Attock Cement Pakistan Limited
  • Thailand Anthracite
  • Gupta Coal India Ltd
  • Infraline Energy - India
  • Cardiff University - UK
  • Manunggal Multi Energi - Indonesia
  • Deloitte Consulting - India
  • Britmindo - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • World Bank
  • Parry Sugars Refinery, India
  • Coaltrans Conferences
  • Salva Resources Pvt Ltd - India
  • Sarangani Energy Corporation, Philippines
  • McConnell Dowell - Australia
  • Fearnleys - India
  • Coal and Oil Company - UAE
  • New Zealand Coal & Carbon
  • Coal India Limited
  • Idemitsu - Japan
  • Pipit Mutiara Jaya. PT, Indonesia
  • Moodys - Singapore
  • Tata Power - India
  • Malco - India
  • Maybank - Singapore
  • Goldman Sachs - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Altura Mining Limited, Indonesia
  • Petrosea - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Riau Bara Harum - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Carbofer General Trading SA - India
  • Mitsui
  • Straits Asia Resources Limited - Singapore
  • GMR Energy Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Iligan Light & Power Inc, Philippines
  • Asia Cement - Taiwan
  • Globalindo Alam Lestari - Indonesia
  • Orica Australia Pty. Ltd.
  • U S Energy Resources
  • Reliance Power - India
  • J M Baxi & Co - India
  • Port Waratah Coal Services - Australia
  • Qatrana Cement - Jordan
  • Arutmin Indonesia
  • Ambuja Cements Ltd - India
  • Mercuria Energy - Indonesia
  • Electricity Generating Authority of Thailand
  • World Coal - UK
  • EIA - United States
  • Ministry of Mines - Canada
  • SMG Consultants - Indonesia
  • VISA Power Limited - India
  • Ince & co LLP
  • Oldendorff Carriers - Singapore
  • Noble Europe Ltd - UK
  • The India Cements Ltd
  • Credit Suisse - India
  • Intertek Mineral Services - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Ministry of Transport, Egypt
  • PLN - Indonesia
  • Bank of America
  • Sojitz Corporation - Japan
  • Kumho Petrochemical, South Korea
  • Thiess Contractors Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Mechel - Russia
  • Star Paper Mills Limited - India
  • Thriveni
  • Standard Chartered Bank - UAE
  • Bahari Cakrawala Sebuku - Indonesia
  • Vale Mozambique
  • Pinang Coal Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • TNPL - India
  • Grasim Industreis Ltd - India
  • MS Steel International - UAE
  • Permata Bank - Indonesia
  • Bangladesh Power Developement Board
  • Agrawal Coal Company - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Romanian Commodities Exchange
  • Central Java Power - Indonesia
  • Edison Trading Spa - Italy
  • Karaikal Port Pvt Ltd - India
  • Madhucon Powers Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Uttam Galva Steels Limited - India
  • Sical Logistics Limited - India
  • PTC India Limited - India