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

Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...


Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...


Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week. ...


Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...


Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal. Jakarta-based Emanuele ...


   1291 1292 1293 1294 1295   
Showing 6461 to 6465 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 ...

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