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

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
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, ...


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 ...


   1300 1301 1302 1303 1304   
Showing 6506 to 6510 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 ...

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