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Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local coal company PT Berau Coal and has interest in several other potential acquisitions in the coal sector.
Mr Wisnu Wardhana vice president director of Indika said that that the company has submitted an expression of interest in BHP Billiton's Maruwai metallurgical coal project and aims to submit a bid for a stake. BHP Billiton plans to sell a 25% stake in Maruwai, which consists of seven coal mine sites in Central and East Kalimantan provinces, as early as the first quarter of next year.
He said that Indika is still in the running to buy a stake in Berau Coal and aims to buy as much as 100% of the company. People with knowledge of the matter have previously said that financial services company PT Recapital Advisors has been selected as the preferred bidder for Berau Coal ahead of Indika and other bidders. A decision on the sale is expected this week.
It may be noted that Indonesian holding company PT Armadian Tritunggal and Netherlands based firm Rognar Holding BV plan to sell part of all of their stakes in Berau Coal. The two hold a combined 90% of the company and Japan's Sojitz Holding Corporation holds the remaining 10%. If possible, Indika aims to buy the entire company including the stake held by Sojitz.
Source: Steel Guru
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Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points.
The cape index also was firm an ...
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia' ...
Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...
Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...
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- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
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- Wood Mackenzie - Singapore
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- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
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- AsiaOL BioFuels Corp., Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
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- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Planning Commission, India
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
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