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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to start development on a new rail line in South Sumatra that would boost coal output.
The transport ministry had approved in principle a 307 km (191 miles) rail line connecting its coal mine in Central Bangko in South Sumatra province to the port of Lampung, on the southern tip of Sumatra island, Bukit Asam said in a statement.
"The approval gives certainty to start the rail project," the firm said, adding the new railway would have the capacity to transport 20 million tonnes of coal a year.
Bukit Asam, Indonesia's third-largest coal miner by market value, expects to start operations of the new railway in 2013.
The rail project will be carried out by a joint-venture company between Bukit Asam, PT Transpacific Railway Infrastructure and China Railway Engineering Corporation.
Bukit Asam and China Railway Engineering Corporation each hold a 10 percent stake in the joint venture, while PT Transpacific Railway Infrastructure has an 80 percent stake.
China Railway will be appointed engineering, procurement and construction (EPC) contractor and operator of the project.
Based on a 2007 feasibility study, the project would cost $1.06 billion, of which about 30 percent will be financed using internal cash and 70 percent from loans.
Bukit Asam, which has market value of $3.58 billion, has said it plans to increase its coal production to 50 million tonnes a year within five to six years by buying new mines and developing the new railway project.
The firm has signed a 20-year contract with state train operator PT Kereta Api to transport coal from its mine in South Sumatra to the port. [ID:nJAK519103]
Bukit Asam expected its coal output to be 12 million tonnes this year, up from 11 million tonnes in 2008, helped by the increased use of trains to transport coal.
Source: Reuters
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Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
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- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
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- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
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- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
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- Australian Coal Association
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- PetroVietnam Power Coal Import and Supply Company
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- Aditya Birla Group - India
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- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Parliament of New Zealand
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- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
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- The University of Queensland
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
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- Wilmar Investment Holdings
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- Chettinad Cement Corporation Ltd - India
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