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Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the lucrative contract mining business next year, after signing an agreement with Australian contractor Macmahon Mining in August.
“The move is meant to enable the company to secure longer-term contracts,” Dudung Purwadi, Duta Graha’s president director, said on Tuesday during a media briefing.
On average, civil engineering contracts last between one and two years, while mining contracts can run for up to five years.
Duta Graha plans to use Macmahon’s expertise in contract mining to secure gold and coal extraction contracts in Indonesia.
“We think the coal and gold markets in Indonesia will continue to grow in the future,” said Djohan Halim, the firm’s corporate secretary. “We intend to secure some of the new coal contracts on offer as miners expand their production.”
He said the company expected to start mining work next year, and was eyeing a number of coal projects in Sumatra and Kalimantan.
“We aim to have at least one project with an annual production of one million tons,” he said.
The leader of the contract mining market at 42 percent is PT Pamapersada Nusantara, a unit of PT Astra International. Other major players include PT Darma Henwa, PT Bukit Makmur Mandiri Utama (Buma), and PT Thiess Contractors Indonesia.
Duta Graha hopes contract mining will contribute about Rp 1 trillion ($106 million) in revenue per year within five years.
The company’s shares closed up Rp 6, or 6.1 percent, to Rp 105 on Tuesday.
Source: The Jakarta Globe
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Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
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- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- ICICI Bank Limited - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- MS Steel International - UAE
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
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