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PTBA: Production Volume of 50 Million Tonnes

By administrator | July 6, 2019 | Mining.

PTBA: Production Volume of 50 Million Tonnes. Bukit Asam (Persero), Tbk (PTBA) will continue to expand. In 2022, PTBA targeted the volume of coal production in Tanjung Enim will reach 50 million tonnes. This is in line with the target of operating steam power plant PLTU Bangko Tengah Blok A and the addition of Train.

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Bayan Resources Credit Facility IDR705Bn

By administrator | July 2, 2019 | Mining.

Bayan Resources Credit Facility IDR705Bn. Bayan Resources, Tbk (BYAN) received additional credit facility from Bank Permata, Tbk (BNLI) worth USD50Mn or equivalent IDR705.23Bn with a period of time until 2 January 2020. This was increased from a previously accepted facility worth USD130Mn and would end on December 20, 2020. Chief Director of BYAN, Low Tuck.

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TINS: Production of Fuming Smelter July 2019

By administrator | July 1, 2019 | Mining.

TINS: Production of Fuming Smelter July 2019. Timah (Persero), TBK (TINS) strategy in developing the processing and refining facilities of mineral (smelter) technology Ausmelt and fuming began to show the results. TINS Corporate Secretary Amin Haris Sugiarto explained the latest developments in facility development plans targeted in mid-year. Fuming smelter was in the commissioning stage,.

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ADRO: Diversification on Electricity and Water Business

By administrator | June 28, 2019 | Mining.

ADRO: Diversification on Electricity and Water Business. Adaro Energy, TBK (ADRO) is promoting a line of non-coal business. One of the business pillars that ADRO will develop is the electricity and water business. Both business through Adaro Power and Adaro Tirta Mandiri. The Vice President Director of Adaro Power and Adaro Tirta Mandiri, Dharma Djojonegoro.

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Elnusa Nodal Technology

By administrator | April 24, 2019 | Mining.

Elnusa Nodal Technology improves the quality of the oil and gas exploration, which are effective and efficient in Indonesia. Elnusa, Tbk (ELSA IJ) invested ELSA Regent in 2016. ELSA Regent is the seismic ship marine survey Indonesia. Bank Negara Indonesia’s Digital Focus, through the Cooperation of Fintech Bank Danamon Issue MTN Worth IDR500Bn Online Shopping.

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Mining Contractor Push Petrosea Backlog

By administrator | April 23, 2019 | Mining.

Petrosea backlog worth USD919.60Mn in 2018. The value of contracts on hand Petrosea, Tbk (PTRO IJ), grow up 32.1% of the year 2017 contract worth USD696.20Mn. Petrosea Independent Director, Romi Novan Indrawan said, the majority of the acquisition contract comes from the mining contractor business lines. As for the value of the mining contractor worth.

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CNI and Pembangunan Perumahan Build Smelter

By administrator | April 9, 2019 | Mining.

Ceria Nugraha Indotama (CNI) confirm its commitment in building the factory Ferronickel (smelter). Because the company’s smelter construction, construction of the mine it will soon be started. CNI official gave credence to the smelter construction to state owned enterprise (SOE) Pembangunan Perumahan (Persero), Tbk (PTPP IJ). CNI has even signed a construction services with PTPP.

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Aneka Tambang Build Smelter in Mempawah

By administrator | April 9, 2019 | Mining.

Indonesia Asahan Aluminium (Persero) or Inalum and Aneka Tambang (Persero), Tbk (ANTM IJ) plans to build Smelter Grade Alumina Refinery (SGAR). Through the joint venture Borneo Alumina Indonesia (BAI), both are planning to build SGAR in Bukit Batu village, district of Mempawah, West Kalimantan. CNI and Pembangunan Perumahan Build Smelter WSBP Issue Bonds IDR2Trn to.

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Inalum Add PTBA Ownership in Year 2019

By administrator | April 2, 2019 | Mining.

Indonesia Asahan Aluminium or Inalum (Persero) plans add shares of Bukit Asam (Persero), Tbk (PTBA IJ). Although at this time, as holding the mining industry State-owned Enterprises (SOEs), Inalum have been grasping 65.02% share belongs to the coal company. Head of Corporate Communications and Government Relations Inalum, Rendi A Witular says, his plan is the.

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Inalum Buy PTBA Treasury Stock

By administrator | April 1, 2019 | Mining.

Inalum (Persero) is planning on adding to the share ownership in Bukit Asam (Persero), Tbk (PTBA IJ) by buying the shares of treasury stock buyback or results belong to the PTBA. “From the treasury stock. Its depending to the market bid, “said PTBA President Director, Arviyan Arifin, on Sunday (31/3/2019). MUFG Owned 40.69% Bank Danamon.

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