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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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Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
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- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- The University of Queensland
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
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