Search result for: "coal company"

Supported by adequate coal reserves and in-place coal processing and handling infrastructure, Resource Alam Indonesia (KKGI) is set to continuously ramping up its coal production volume in coming years. The company has an internal estimate coal reserves of 73m tonnes that translates to life-of-mine of 20 years. Production for 2011 is slated to reach 3.6m.

Catering to Jakarta demand Given its huge unutilized capacity, INTP is in a good position to reap the most benefit from increasing cement demand. Most of its plants are located in Citeureup in West Java, which is close to Jakarta. The Jakarta government has plans to carry out massive infrastructure projects, and has started constructing.

Progress at Tuban IV development Construction on the Tuban IV–East Java cement plant is slightly ahead of schedule. The cooling tower is nearing completion while the clinker storage is now being built and machines and equipment delivered to the site. SMGR bought machineries such as crushers from reputed companies such as Thysenkrupp Fordentechnik, raw mill,.

Buy initiation, target price Rp9,900 Our Buy recommendation is premised on HRUM’s i) robust production growth, ii) huge untapped coal resources potential, iii) strong balance sheet, and iv) attractive coal market structure. Our end-2011 DCF target price is Rp9,900, which implies 13x 2012F earnings. Its share price catalysts may include: i) More reserves and resources.

Adaro Leader The Pack. Buy initiation; target price Rp2,900. Our Buy recommendation hinges upon ADRO’s, First, strong exposure to the domestic coal market, Second, proven record for production growth, Third, sizeable coal reserves, and Fourth, financing capability for expansion. As well as, our end-2011 DCF target price is Rp2,900, which implies 16.3x 2012F earnings. Furthermore,.

Mitra Bahtera Segarasejati (MBSS) provides cost-effective and reliable sea and river based coal transport to Indonesia’s top tier coal producers, which are reaping the benefits of rising domestic and global demand for Indonesia’s coal. Equipped with a sizable and modern fleet of tugs and barges as well as floating cranes and a well-trained workforce, MBSS.