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Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
"The funds for the acquisition will come from loans and internal cash sources. The company is now also negotiating with two banks in connection with the acquisition plan," the company's director, Tito Sulistio, said in Jakarta on Monday, as quoted by state new agency Antara.
He said PT Realita Jaya Mandiri was operating in the mining sector and held a license for mining and operating on 1,598 hectares of land in Musi Banyuasin, South Sumatra.
PT Mashindo Artha Resources meanwhile holds a license for mining on 5,600 hectares of land and another 4,400 hectares of land in Musi Banyuasin, South Sumatra.
"Coal reserves in the three locations are estimated to reach more than 100 million tons," he said.
He said the process of valuation on the two companies was not yet completed and was expected to be finished by the end of this month.
Source:http://www.thejakartapost.com/news/2009/04/20/mitra-rajasa-acquire-two-mining-companies.html
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Sunday, 08 March 09
AUSTRALIA'S FELIX STUDYING COAL ACQUISITIONS IN INDIA, INDONESIA
Bloomberg reported that, Felix Resources Ltd., an Australian supplier of coal to Korea and Japan, is studying acquisitions of energy coal assets in ...
Saturday, 07 March 09
THERMAL COAL PRICES MAY DROP, STANDARD CHARTERED SAYS
Bloomberg reported that, Coal prices may decline as a slump in demand for the fuel outpaces cuts in production, Standard Chartered Plc said.
Exp ...
Friday, 06 March 09
STRAITS ASIA EYES 3RD MINE
Straitstimes reported that, Mining company Straits Asia Resources is on an expansion trail to more than double its output by 2012.
Amid the econo ...
Friday, 06 March 09
INDONESIA MAY MISS 2009 COAL OUTPUT TARGET-OFFICIAL
Indonesia, the world's top thermal coal exporter, may fail to achieve its coal production target this year as the global economic crisis dents dema ...
Friday, 06 March 09
POWER FIRMS HEAD TO INDONESIA FOR COAL
The Hindu Businessline reported that, The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power uti ...
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- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Australian Coal Association
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
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