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Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
 Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal produced by unlisted coal miner Berau Coal.
Bumi, which is controlled by the politically connected Bakrie group, is discussing the deal with investment firm Recapital Advisors, which recently acquired a stake in Berau Coal, the country's fifth-largest coal producer.
"We want to do the marketing, to be the exclusive marketing agent," Bumi's Chief Financial Officer, Andrew Beckham, told reporters. "We can market the coal if they want, if the discussions are favourable."
He added that the coal may be marketed to India and China as the two countries are the biggest markets at the moment.
"There will be some domestic, but they've already got domestic contracts. And you have to understand, they have contracts that they must honour," said Beckham.
He declined to disclose the details of the arrangement.
Source: Reuters
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Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...
Wednesday, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...
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- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
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