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Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Diannanjaya, president director of the unit, PT Maruwai Coal.
The Maruwai coal mine in Indonesia’s part of Borneo island will start production at the end of 2010 and output is expected to reach 40 million metric tons in the next 10 to 15 years, Diannanjaya said.
| “BHP Billiton has selected PT Adaro Energy as a strategic partner to develop the coal project in Indonesia” - Investor Daily Indonesia |
“We only plan to sell a 25 percent stake because we want to stay as a majority stakeholder and as the operator,” Diannanjaya said in an interview in Jakarta today. The stake sale “will give an opportunity to domestic companies to become our strategic partner in the coal mine.”
BHP Billiton said Sept. 16 a number of groups were interested in buying the coal project in Indonesia’s Central Kalimantan province. PT Medco Energi Internasional, PT Adaro Energy, PT Aneka Tambang and PT Indika Energy are among companies interested in the project, Bambang Setiawan, a director general of the Energy and Mineral Resources Ministry, said Sept. 15.
Investor Daily Indonesia reported on Jan. 7 BHP Billiton has selected PT Adaro Energy as a strategic partner to develop the coal project, citing a person it didn’t identify.
Source: Bloomberg
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Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
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- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- White Energy Company Limited
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
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