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Essar buys 100-mt Indonesian coal mine for Rs 900 crore ...

The Essar Group has acquired a coal mine in Indonesia to fuel its upcoming thermal power projects. Sources said the acquisition, from an undisclosed local company, was for about Rs 900 crore. The Aries coal mines in the Kutai region of East Kalimantan has an estimated resource base of 100 million tonnes of thermal coal and mineable reserves of ...

Tata Power buys 26% stake in BSSR coal mine in Indonesia

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 […]

Supreme World Mines & Minerals Pvt Ltd. – Supreme Group

Supreme World Mines & Minerals Pvt Ltd. SWMMPL is into international coal and iron ore marketing business for more than a decade and also have our own coal mines in Indonesia in South Kalimantan and East Kalimantan. Potential clients approach us for entering into a long term coal supply contract or for coal mine acquisition in Indonesia/ South ...

Banpu mines Indonesia for coal mergers

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.

Mulia coal mine - Global Energy Monitor

In November 2001 Bumi Resources acquired 80% of PT Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc. At the time of acquisition, Arutmin was the fourth largest coal producer in Indonesia. In April 2004, Bumi Resources brought its shareholding in Arutmin up to 99.99% and the following year undertook a minor divestment of its shareholding in KPC.

Perusahaan Listrik Negara (PLN) to Acquire Coal Mine in ...

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 ...

Binani hopes to buy Indonesian coal mine in 2-3 months

Binani Cement today said it is hopeful of concluding the transaction for coal mine acquisition in Indonesia in the next two to three months. "We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja told PTI.

PT Indonesia Coal Resources Acquires Sarolangun Coal Mine

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 ...

ISM Coal - Owner - Indoenergy Sukses Makmur (ISM) | LinkedIn

Indoenergi Sukses Makmur (ISM) is a coal service company provides mining consultancy and trading that focuses on assisting clients in coal purchasing, joint venture, acquisition and development of coal concession across Indonesia. ISM provides assistance on expertise advice on mining setup, purchasing coal concession or purchasing coal from ...

Ian Wollff - Freelance Geology - Independent Consultant ...

Review and acquisition of coal concessions through out Indonesia. Feasibility and commissioning of Wira coal mine, South Kalimantan. Sebuku North coal resource drilling, BEH supervise resource drilling, Initial review of Moriss coking coal JV - later each turned into producing mines. Batu Besi in Belitung drilling & resource of iron or mine.

Effect of Indonesia's New Mining Regulations Already ...

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.

Geo Energy acquires majority stake in 2 Indonesia coal ...

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 …

Adaro Mining

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.

GMR Energy takes over Indonesian co for $80 mn - The ...

ET had first reported GMR s plans to acquire the Indonesian mining firm on November 5, 2008. The Indonesian firm, which holds a coal mining licence under the coal contract of work issued by the government of Indonesia, has coal reserves amounting to 100 million tonne and the mine is spread over 25,000 hectares in south Sumatra.

Company History – LANNA RESOURCES Public Co., Ltd.

2004 – Share Acquisition in PT. Citra Harita Mineral. In 2004, Lanna (Singapore) Pte Ltd acquired 55 percent of total ordinary shares in PT. Citra Harita Mineral of Indonesia as the second coal mine investment in Indonesia. Coal production and distribution began in late 2005.

Indonesia says no new coal plants from 2023 (after the ...

Coal mining in East Kalimantan, Indonesia. Image by Rhett A. Butler/Mongabay. Decades more of burning coal. While imposing a deadline on the construction of new coal …

Indo Bara Pratama coal mine - Global Energy Monitor

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.

Coal company list in Indonesia

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.

UPDATE 1-Indonesia's Bukit Asam set for mine acquisitions ...

Indonesian state coal miner PT Tambang Batubara Bukit Asam has set aside $150 million to buy coal mines and expects to complete one mine acquisition …

pt adaro mining coal

Adaro Indonesia Coal Mining bohlhuette ch PT Adaro Energy is a Coal mining development and production corporation based in Jakarta Indonesia and listed on the Jakarta Stock Exchange It is a significant producer of energy coal and produced more than 52 million tonnes in 2017 Indonesian coal mining companies in focus Adaro Energy .

Loan for Acquisition of Interest in Malinau Coal Mines in ...

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.

Monnet buys Indonesian coal mine for $24 million

New Delhi: Monnet Ispat and Energy (MIEL) is set to make a killing following completion of its deal to acquire PT Sarwa Sembada Karya Bumi's thermal coal mine in Sumatra, Indonesia…

Sarolangun coal mine in Jambi acquired PT Aneka Tambang ...

Issuers that it has acquired the government-controlled coal mines Sarolangun in Jambi. ANTM melakukan akuisisi tersebut melalui anak perusahaannya, PT Indonesia Coal Resources (ICR). ANTM make the acquisition through its subsidiary, PT Indonesia Coal Resources (ICR). "Nilai akuisisi Rp …

SINARMAS GROUP ACQUIRES A COAL MINE IN AUSTRALIA

Read this exciting story from Forbes Indonesia August 2021. Sinarmas' Golden Energy Mines' subsidiary, Stanmore Coal Ltd, acquired the Millennium and Mavis Downs Mine from Peabody Energy Australia last month. Located in Moranbah, Queensland, Australia, the acquisition was taken under MetRes Ltd, a joint venture company with M Resources Trading Pty Ltd with upfront cash of A$1.25 …

Mining & Natural Resources : Clyde & Co

Acquisition of coal mining licences Advising Cokal Ltd, an Australian Listed Company, on acquiring interests in coal mining licence interests in Tanzania ... Advising a major Chinese coal trader on multi-million USD disputes and issues arising from sale of Indonesian coal under SCOTA contract and transportation issues. Indonesia.

IMFA buys 70% stake in Indonesian coal mine - The Economic ...

The acquisition also marks the IMFA group's initial foray into coal trading abroad. "We hope to get the necessary government approvals within a year. Once the mines are developed, the coal extracted will be used to take up merchant sales in and around Indonesia…

Mining In Indonesia – Mining Rights And Title - Energy and ...

Indonesia: Mining In Indonesia – Mining Rights And Title. The Constitution stipulates that Indonesia's natural resources are controlled by the state and must be used for the maximum benefit of the Indonesian people. Article 4, paragraph 2 of Law 4/2009 on Coal and Mineral Mining (Law 4/2009) enables the central government or the regional ...

List of mines in Indonesia - Wikipedia

This list of mines in Indonesia is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.

Caravel Capital | Track Record in M&A/JVs and Capital Raising

US$200 million acquisition of a Southeast Asian gold mining portfolio by an Indonesian investor. US$300 million proposed acquisition of an Indonesian coal mining portfolio by a private equity fund. Divestments. US$368 million sale of an interest in a copper mine in …

ALFAPALMER - Home

Mining AP provided legal opinion regarding a mining business acquisition agreement between one of Indonesia's leading coal mining company and a Hong Kong listed mining company with regard to a 18,000 Ha of coal mining concession in South Kalimantan

Indonesia's Coal Dynamics - IESR

increases strongly as coal in Indonesia has a higher reserve to production ratio compared to oil and gas. Also, it can reduce the risk of current account deficit and inflation due to oil imports. Careful manage-ment and utilization of fossil fuel resources are critical to overcoming this challenge. 2.2 Coal in Indonesia…

Update on Acquisition of Coal Mining Business and Capital ...

(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.

Herbert Smith Advises eForce Holdings Limited on HK$500 ...

Herbert Smith and its associated Indonesian law firm Hiswara Bunjamin & Tandjung (HBT) have advised eForce Holdings Limited ("eForce"; stock code: 0943.HK) on a very substantial acquisition of Fastport Investments Holdings Limited ("Fastport") that indirectly holds a mining concession right over the PT Bara coal mine, located near the town of Ampah in Indonesia.