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Monday, 16 March 09
ADARO TO BOLSTER SUPPLY CHAIN THROUGH ACQUISITIONS - THE JAKARTA POST
PT Adaro Energy Tbk, Indonesia's second-largest coal producer, plans to acquire a coal barging and transshipment company to improve its supply chain, the company said in a statement.
Adaro did not identify companies being targeted for acquisition, but said negotiations were taking place and an announcement was planned in the coming weeks.
“As our coal mine is located quite far inland, it is imperative that we acquire direct control of inland waterway transportation and ship loading,” said Ah Hoo Chia, Adaro’s operations director.
“We already control a portion of the mining and overland transportation and own a port facility; now we can be completely linked from pit to port.”
The firm said it expected the acquisition value would not exceed $100 million and would be funded from existing cash and operating cash flows.
‘Now we can be completely linked from pit to port’ Ah Hoo Chia, operations director, PT Adaro Energy Tbk With the planned acquisition, the firm said it expected additional capital expenditure on top of the $120 million capital expenditure planned for this year. To read more The Jakarta Globe
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Thursday, 12 March 09
ANALYSIS-FIRST NEW JAPAN COAL DEAL MAY NOT SET BENCHMARK - FOREXPROS.COM
* Informal coal-deal practice may come to an end this year
* Buyers expected to ask for a discount
* Biggest losers may be Chinese coal suppli ...
Thursday, 12 March 09
DEPARTMENT RECEIVES REPORT FROM GEOLOGICAL BODY AND NEDO - ESDM
The Geological Body of the Department of Energy and Mineral Resources have presented their Joint Study on Evaluation of Coal Resources and Reserves ...
Wednesday, 11 March 09
TENAGA SHARES CLIMB AS LOWER COAL PRICES CUT COSTS - BLOOMBERG
Bloomberg reported that, Tenaga Nasional Bhd., Malaysia’s state-controlled utility, climbed the most in a month in Kuala Lumpur trading as coal ...
Wednesday, 11 March 09
POSCO WINS 63% CUT IN PULVERIZED COAL PRICES, MACQUARIE SAYS - BLOOMBERG
Bloomberg reported that, Posco, Asia’s third-biggest steelmaker, has settled the first pulverized coal contracts for 2009 at $90 a metric ton ...
Wednesday, 11 March 09
COAL EXPORTERS FEEL THE CHILL FROM ASIAN DOWNTURN -BUSINESS.SMH.COM
Business.smh.com reproted that, The demand for thermal coal - NSW's most valuable export - has begun to reduce dramatically in response to the need ...
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- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
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