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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- White Energy Company Limited
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
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