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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, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
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- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Indika Energy - Indonesia
- White Energy Company Limited
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
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