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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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Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...
Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...
Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands.
The Viet Nam Coal ...
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...
Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...
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- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- White Energy Company Limited
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Australian Coal Association
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
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