Jakarta, January 27th, 2011 - PT ANTAM (Persero) Tbk (ASX-ATM; IDX-ANTM; ANTAM) is pleased to announce that its subsidiary, PT Indonesia Coal Resources (PT ICR) has acquired the Sarolangun coal mine, located at Jambi province, Indonesia. The acquisition costs Rp92.5 billion and is the first step of PT ICR's expansion in coal mining business ...
The acquisition of this coking coal mine is part of that initiative, along with the agreement to sell its stake in the BAU thermal coal mine in Indonesia, announced on March 11 th. Sojitz will restart operations at Gregory Crinum in the first half of FY2019, with the first shipment of coal in the second half of the year.
Coal mining is a difficult, dangerous job, rarely associated with good labour relations. But at one of the largest mines in Indonesia, natural resources are being exploited by a human resources director who puts people first. She enlisted the help of the International Labour Organization in training workers about their rights. As ILO TV now reports, the mine has seen output soar.
Background. As of 2016, PT Indo Bara Pratama owns the coal concession. Kalimantan Gold Corp Limited, a Canadian mining firm, said it had signed an option agreement for the coal deposit and acquisition of up to 80 percent of the firm. The details of the transaction and state of mine operations remain uncertain.
Sojitz Corporation. Sojitz Corporation ("Sojitz") has reached an agreement with BHP and Mitsubishi Corporation ("Mitsubishi") to acquire of Gregory Crinum coking coal mine in Australia. Ownership of the mine is currently split equally (50-50) between subsidiaries of BHP and Mitsubishi and will be acquired by Sojitz for AUD 100 million.
(the Kirkham Acquisition). Kirkham owns 95% of PT Borneo Prima Coal Indonesia (BPCI) (Figure 1) which holds a fully permitted coal mine which will produce a premium low ash, high fluidity and coke strength coking coal product for the Chinese and Japanese export markets in Central Kalimantan, Indonesia.
The loan is intended to provide financing for Idemitsu Kosan to acquire 30% shares of the Malinau coal mines located in the North Kalimantan province in Indonesia. The Malinau coal mines have an annual production capacity of 4 million tons of thermal coals used for generating electricity.
The Sebuku coal mine is an open cut truck and shovel coal-mining operation located on the tiny and remote island of Sebuku, in the province of South Kalimantan, Indonesia. It is owned and operated by the Straits Resources Singapore-listed subsidiary Straits Asia Resources.
Mining Indonesian coal destined for China and India may be part ... About Delta Dunia - Delta Dunia Makmur - Indonesia's Leading Pure ... BUMA is the second largest coal mining contractor in Indonesia, providing mining services under long-term operating agreements with some of Indonesia's ... kopex indonesia ...
Fitch Ratings-Singapore-24 June 2020: Indonesia's new mining regulations, which clarify key aspects pertaining to the extension of Coal Contracts of Work (CCoW), are largely in line with Fitch Ratings' expectations and will not affect the ratings of the country's coal miners.
Kestrel Coal Mine (Kestrel) Kestrel is an underground metallurgical coal mine that we acquired in 2018. Adaro Energy (48%) and EMR Capital Ltd (52%) own 80% of Kestrel. Located in Queensland, Australia, the acquisition of Kestrel marked our first venture outside of Indonesia.
The announcement of the coal mine acquisition may come in early next week. Coal from the Indonesian mine will be utilized for Monnet Ispat's merchant power plant of about 2000 MW. The company is already setting up a 1050 MW plant in Orissa for which the coal will be sourced from its domestic mines.
SelumitKec. Tarakan Tengah Tel. +62812445321, +6287811222837 Tarakan, Bulungan, East Kalimantan. We are Coal supplier from East Kalimantan, Indonesia, have many Grades coal for you. we Calories to appropriate with you.please send us your bid and LOI, will you our best price.
The purchase of Kestrel the Kestrel Mine is the first metallurgical coal investment by the group. PT Adaro Energy is a Coal mining development and production corporation based in Jakarta, Indonesia. PT Adaro Energy is listed on the Jakarta Stock Exchange. It is a significant producer of energy coal and produced more than 52 million tonnes in 2017.
Banpu mines Indonesia for coal mergers. Banpu Plc, Thailand's biggest coal mine operator, is in talks with industry peers in Indonesia on possible mergers and acquisition (M&A) deals to help increase its long-term coal reserves, Bangkok Post reported on August 17, citing deputy chief executive Somyot Ruchirawat as said.
Enerindo Capital was incorporated in year 2010 in Singapore to act as a conduit for investors interest in mines acquisition in Indonesia, primarily in coal and mineral sector. Later, the company started supporting the trading activities of Indonesian coal in China and Indian markets.
The firm had at the end of August submitted a revised non-binding proposal to acquire new coal assets for a producing coal mine in East Kalimantan, Indonesia. Geo …
Indonesian state coal miner PT Tambang Batubara Bukit Asam
India-based Tata Power has acquired a 26% stake in the Baramulti Suksessarana (BSSR) coal mine in Indonesia for an undisclosed amount to ensure fuel security for its growth prospects. Tata Power has a prior long term coal supply agreement with Antang Gunung Meratus and also owns 30% equity stake in Kaltim Prima Coal (KPC) and […]
Pursuing its overseas expansion strategy, Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia, according to Coal …
Following the acquisition of Mitsui's stakes and, hence, the governance and asset management simplification, Vale will begin the process of divesting its participation in the coal business, which will be guided by the preservation of the operational continuity of the Moatize mine and the NLC, through the search for a third party interested in ...
Sojitz Completes Acquisition of Australia's Gregory Crinum Mine. Mar. 11, 2019. Sojitz Divests Interest in Thermal Coal Assets, BAU Coal Mine, in Indonesia. Mar. 5, 2019. Sojitz Concludes Agreement with Kobe City and the Hyogo Economic Development Center. Jan. 29, 2019.
SAROLANGUN COAL MINE ACQUISITION BY PT INDONESIAN COAL RESOURCES . ANTAM mining closure INTRODUCTION: ANTAM JOURNEY BAUXITE MINING CLOSURE IN KIJANG Revegetation IRON SAND MINING CLOSURE IN CILACAP . Current operations FERRONICKEL SMELTER AND NICKEL ORE MINE Pomalaa, Southeast Sulawesi
Our Business. The Group has a highly active organic and acquisition-based growth strategy that is designed to give assurance to customers over the long-term availability of their coal supplies and high rewards for shareholders. Already one of Indonesia's leading thermal coal exporters, Sakari Resources is fast gaining recognition as a global ...
Indonesia's Salim buys huge Australian coal project from Rio Tinto. MELBOURNE (Reuters) - Global miner Rio Tinto Plc RIO.L RIO.AX has agreed to sell one of its remaining coal mines …
8 The Indonesian coal industry is rather fragmented with only a few big producers …
Read more: Overview of the Coal Mining Industry in Indonesia. With more coal-fired power plants being built in Indonesia (encouraged by the government's 35,000 MW energy program), PLN is expected to consume between 80 and 100 million tons by 2019 or 2020. PLN targets to complete the acquisition of a coal miner in Kalimantan before the end of ...
(The main source for this story is a report by JATAM, an Indonesian NGO that is an advocate for communities adversely affected by coal mining. Its March 2019 report Small Islands of Indonesia, the Land of Mines – Report on the Destruction of the Entire Bodies of Small Islands of Indonesia by Minerals and Coal Mines.
The acquisition of Jembayan is expected to double SAR's coal production. Commenting on the move, Richard Ong, CEO of SAR said: "This is a fantastic opportunity for Straits Asia to expand its thermal coal mining business in Indonesia. Jembayan is an outstanding coal mine with excellent infrastructure.
The Company expects that the production capacity of the Merge Mine will be increased by approximately 2.5 million tonnes annually following the Acquisition, reaching a total annual production capacity of approximate 3.5 million tonnes. The Merge Mine is the only large-scale, mechanised longwall underground coal mine in Indonesia. Additionally ...
Globally, however, this ratio remained at around 40% as of 2010. To raise the global independent development ratio and contribute to the sustainability of Japan's coal supply, JCOAL is working to promote acquisition of mining rights and development of coal mines in other coal-producing countries, including Indonesia.
