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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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- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Australian Coal Association
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
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