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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 Kalimantan.
Antam's president director Alwinsyah Loebis said that BHP's Maruwai coal project had interesting coal reserves. "The coal is a type of coking coal that differs from most coal found in Indonesia," Alwin told reporters Tuesday.
Coking coal is coal used in the production of coke, which can be further modified for use in the production of pig iron.
As has been reported earlier, BHP is in the process of pulling out from Indonesia. In early June, the company announced its decision to stop the development of the Haju trial mine, one of seven mines under the company's Maruwai coal project in Central Kalimantan.
BHP said its operations in the Haju trial mine did not mesh well with its long term investment strategy. It has also decided to terminate activities in six other areas specified in the project.
Alwin did not disclose the amount to be invested by Antam in acquiring the project."We are still evaluating the prospect. We have not submitted any official proposals to BHP," he said.
Antam primarily produces nickel, but Alwin said the company was seeking to expand its business by including coal. "We want to develop our portfolio," he clarified. Aside from evaluating the possibility of buying BHP's coal project, Antam is also investing US$30 million to acquire several coal mines this year.
Source:The Jakarta Post
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Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
Thursday, 06 August 09
CHINA JULY COAL IMPORTS AT 9.5 MLN T, DEMAND FIRM
* Coal imports at key ports in July 2.8 times year-ago levels
* July coal imports down nearly 40 percent from June
* China still buying overseas c ...
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- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
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- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
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- Mjunction Services Limited - India
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- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
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- PowerSource Philippines DevCo
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- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
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- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
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- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
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- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
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- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- White Energy Company Limited
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
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- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
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- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
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- GAC Shipping (India) Pvt Ltd
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- MS Steel International - UAE
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
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