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Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand.
Coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) expected that its coal production would increase to 14 million tons next year.
"We're targeting 11-12 million tons of coal production this year," said Corporate Secretary of PTBA Achmad Sudarto on Monday, September 7.
According to Sudarto, the rise in coal production is mainly triggered by the step-up in domestic demand.
In addition, transportation partnership with PT Kereta Api Indonesia and PTBA will add to the company's coal production by 10 percent compared to the previous year of 10.3 million tons.
He acknowledged that PTBA will still focus on offering its coal in domestic market. So far, the domestic consumption reached 75 percent while 30 percent will be for exports.
Concerning the acquisition of two mining companies in Kalimantan, Sudarto believed that the plan will be materialized this year. The acquisition will be worth US$150 million.
"If the acquisition can be set out this year, the new company can start operating next year," he said.
Based on the performance in the first half of 2009, PTBA's coal sales reached 5.8 million tons consisting of 1.6 million tons for export and 4.2 million tons for domestic market.
Source: Viva News
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Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
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- Orica Australia Pty. Ltd.
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- Alfred C Toepfer International GmbH - Germany
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- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
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- Central Electricity Authority - India
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- The State Trading Corporation of India Ltd
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- Deloitte Consulting - India
- Ministry of Finance - Indonesia
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- Orica Mining Services - Indonesia
- The University of Queensland
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
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- Economic Council, Georgia
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- Port Waratah Coal Services - Australia
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- Leighton Contractors Pty Ltd - Australia
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- Georgia Ports Authority, United States
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Baramulti Group, Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
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- Bayan Resources Tbk. - Indonesia
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- Ceylon Electricity Board - Sri Lanka
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- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
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- Pipit Mutiara Jaya. PT, Indonesia
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- Cement Manufacturers Association - India
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- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
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- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
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- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
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- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
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- Kalimantan Lumbung Energi - Indonesia
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- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
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- Energy Link Ltd, New Zealand
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- Karbindo Abesyapradhi - Indoneisa
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- Intertek Mineral Services - Indonesia
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- Thiess Contractors Indonesia
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- Madhucon Powers Ltd - India
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- Ambuja Cements Ltd - India
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- SMG Consultants - Indonesia
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- Metalloyd Limited - United Kingdom
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- Global Green Power PLC Corporation, Philippines
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- Global Business Power Corporation, Philippines
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- Parliament of New Zealand
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- ICICI Bank Limited - India
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