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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 $150 million to buy coal mines and expects to complete one mine acquisition by the end of 2009, President Director Sukrisno said on Thursday.
The acquisitions are part of the firm's plan to increase its coal production to 50 million tonnes a year within five to six years.
"We are in the due dilligence process for two mines, but hopefully this year we will settle the deal for one mine," said Sukrisno.
Data on the mine's coal reserves was not yet available because the mine, located in East Kalimantan, was new and had not started production, he said.
Bukit Asam expected its coal output to be 12 million tonnes this year, up from 11 million tonnes in 2008, helped by an increased use of trains to transport coal.
The firm had previously said it planned to increase train capacity to carry coal to 11.6 million tonnes this year, from 10.3 million tonnes by adding more trains.
Bukit Asam, Indonesia's third-largest coal miner by market value, had also said it would form a joint venture with state train operator PT Kereta Api Indonesia to upgrade existing rail links from its coal mines to a port on the southern tip of Sumatra.
South Sumatra, where Bukit Asam's coal mines are located, has 47 billion tonnes of coal reserves, or half of Indonesia's total of 93.4 billion tonnes, data from the energy and mines ministry shows.
But poor transportation in the province has been an obstacle to increase coal output, which averages just 12 million tonnes a year.
Source: Reuters
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Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
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- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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