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Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least $150 million for a briquetted coal project.
Standard Chartered is advising PT Kaltim Supacoal -- a joint venture firm between Bayan and a unit of Australia's White Energy Ltd -- on financing for the expansion phase of Bayan's Tabang mine in East Kalimantan on Borneo island to 5 million tonnes in annual capacity, it said.
'Based on current information and proposed expansion plans, the final amount available under the facility is expected to be a minimum of $150 million,' Bayan said in a statement.
The joint venture was established to turn high moisture coal produced in Bayan's Tabang mine into a higher energy clean burning product using technology provided by White Energy for use in coal-fired power plants.
Bayan plans to get production up to 15 million tonnes a year from an initial target of 5 million.
It has completed construction of the first coal upgrading plant and has produced first batch upgraded clean coal briquettes last month at its plant which has a capacity of 1 million tonnes per annum.
The financing will be conditional upon the successful completion of due diligence by Standard Chartered Bank including the satisfactory operation of the new plant, the firm said.
Standard Chartered has also agreed to provide Kaltim Supacoal with an immediate interim working capital facility of $10 million to assist with its operating and production ramp-up expenses.
Bayan is one of Indonesia's largest coal miners, operating a 15 million tonnes per year coal terminal at Balikpapan in East Kalimantan.
Source: Reuters
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Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
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- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
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- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- PTC India Limited - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
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