We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
 Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million in 2010, finance director Gidion Hasan said on Friday.
The firm plans to use most of its capital expenditure for its subsidiary, coal contractor PT Pamapersada Nusantara, which has around 42 percent market share with clients such as Adaro Energy, Tambang Batubara Bukit Asam and Kaltim Prima Coal, a unit of Bumi Resources.
"We plan to allocate $30 million for our heavy equipment distribution and the rest will be used for our mining contractor Pamapersada," Hasan told a media briefing.
"Funding for capital expenditure will come from our cash flow, leasing and syndicated loans. We have no plans for corporate (bond) issuance."
Hasan also said the firm expects revenue to rise between 10-15 percent in 2010. Revenue for the first nine months of 2009 was 21.3 trillion rupiah ($2.25 billion).
Analysts polled by Thomson Reuters I/B/E/S expected the firm to report revenue of 28.68 trillion rupiah and a net profit of 3.68 trillion rupiah this year.
Half of the firm's revenue comes from its mining contractor unit, while its heavy equipment business accounts for 40 percent and its own coal sales account for the remaining 10 percent.
United Tractors, a unit of the largest automotive distributor PT Astra International expects to mine 65 million tonnes of coal this year.
Its own coal production is around 3 million tonnes, but the firm plans to increase production by acquiring a couple of coal mines.
"We are in the process of due diligence for two coal mines in Central Kalimantan and we expect to complete the process in December. We may acquire both if the result (of due diligence) is good. The resources are estimated to be around 20-50 million," said Hasan.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 05 November 09
HMS BERGBAU AG OPENING INDIAN OFFICE
Further step on internationalization track Office in Mumbai Participation in demand for coal imports
HMS Bergbau AG, is an international coal tra ...
Thursday, 05 November 09
SAM'S SEAFOOD HOLDINGS MOVES STEP CLOSER TO COAL EXPLORATION IN INDONESIA
Sam’s Seafood Holdings Limited, which is proposed to be renamed Pan Asia Corporation Limited, is moving closer to becoming an exploration and ...
Wednesday, 04 November 09
INDONESIA CAP ON COAL EXPORTS MAY HIT INDIAN POWER SECTOR
BL reported that Karnataka power sector is likely to be partially impacted by the Indonesian Government move to restrict coal exports.
Private se ...
Wednesday, 04 November 09
SA 2010 COAL EXPORTS SEEN AT 65M TO 68M TONS - ANALYSTS
South Africa's thermal coal exports could rise to as high as 68 million tonnes in 2010 but are more likely to be 64-65 million compared to 60 milli ...
Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...
|
|
|
Showing 6271 to 6275 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
|
| |
| |
|
