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Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, targeting to produce up to 250,000 tons of coal by the year end.
Mitra president director Tito Sulistio said on Wednesday that the coal would come from a mine with a size of 1,600 hectares of land belonged to South Sumatra-based PT Realita Jaya Mandiri, which was one of two coal companies set to be acquired by Mitra this year in a deal worth US$40 million.
He elaborated Realita had started operating its mine with a production rate of 40,000 tons per month.
"So when we are able to secure the deal by June, we can get about 250,000 tons of coal by the end of the year," he said.
Mitra had signed a memorandum of understanding with Realita and local coal company PT Mashindo Artha Resources, based also in South Sumatra, to acquire both companies.
Mashindo holds a license for mining on 5,600 hectares and another 4,400 hectares of land in Musi Banyuasin, South Sumatra.
"The appraisal for those two mines has not finished yet, we hope it can be finalized by next month," Tito said.
Source: http://www.thejakartapost.com/news/2009/04/22/mitra-hopes-secure-deals-with-two-coal-firms-june.html
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Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
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- Star Paper Mills Limited - India
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- Wood Mackenzie - Singapore
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- Ministry of Transport, Egypt
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- Eastern Coal Council - USA
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- Economic Council, Georgia
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- Bayan Resources Tbk. - Indonesia
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- Metalloyd Limited - United Kingdom
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- Energy Link Ltd, New Zealand
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- Standard Chartered Bank - UAE
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- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
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- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
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- GMR Energy Limited - India
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- White Energy Company Limited
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- Deloitte Consulting - India
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- Samtan Co., Ltd - South Korea
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- San Jose City I Power Corp, Philippines
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- Tata Chemicals Ltd - India
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- McConnell Dowell - Australia
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- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
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- TeaM Sual Corporation - Philippines
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- European Bulk Services B.V. - Netherlands
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- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
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- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
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- Attock Cement Pakistan Limited
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- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
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- Salva Resources Pvt Ltd - India
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- The Treasury - Australian Government
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- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
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