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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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Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
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- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
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