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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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Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
Monday, 16 November 09
141 VESSELS ARE EXPECTED TO LOAD 8.833 MILLION TONS OF INDONESIAN COAL BEFORE 30 NOVEMBER 2009
COALspot.com (Indonesia): 141 vessels are expected to load or sail with 8.833 million tons of Indonesian coal before 30 November 2009.
A source f ...
Sunday, 15 November 09
NALCO SHELVES SA PROJECT- PUTS IRAN PROJECT ON HOLD
The Economic Times reported that, In a twin decision on its global operations involving about Rs 27,000-crore (US$ 5.847billions) investment, the st ...
Saturday, 14 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 19,000 / 20,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR SINGAPORE
COALspot.com (Singaproe): BDI continues to rally crossing the 4,000 mark. The BDI increased this week by 718 points up by 21 pct and closed at 4,111 ...
Saturday, 14 November 09
CHINA HAS BEEN THE LARGEST SINGLE BUYER OF INDONESIAN COAL IN OCTOBER, TAKING 24.37% OF TOTAL EXPORT QUANTITY OF 22.637 MILLION TONS
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in October 2009, taking 24.37% of total export quantity o ...
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- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
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