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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, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...
Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...
Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.
The week was & ...
Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...
Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...
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- Port Waratah Coal Services - Australia
- The University of Queensland
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Planning Commission, India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
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