Then in 2016 BHP Billiton sold part of the project to the Indonesian Adaro company. This coal would be for steel making, and for thermal power plants for electricity. [1] Indonesia's National Energy Policy (Kebijakan Energi Nasional) anticipates coal comprising 30% of the country's energy mix by 2025 [1].
BHP Billiton said on Tuesday it has agreed to sell its coal assets in Indonesia to its partner, Adaro Energy, following a slump in prices for metallurgical coal.
Dalam laporan kuartal pertama 2016, BHP Billiton secara resmi menyatakan sedang melakukan tinjauan strategis terkait keterlibatan IndoMet Coal di 7 proyek yang berada di Kalimantan. Imelda sebelumnya mengungkapkan rendahnya harga komoditas pertambangan beberapa tahun terakhir menjadi salah satu faktor BHP Billiton …
BHP Billiton has joined the flurry of major mining companies disposing of coal assets by selling its share of the Indomet coal project in Indonesia. Meanwhile Anglo...
Jakarta -Kementerian Energi dan Sumber Daya Mineral (ESDM) belum mendapat laporan resmi dari BHP Billiton mengenai aksi pelepasan saham di IndoMet Coal.BHP melepas seluruh kepemilikan sahamnya sebesar 75 persen di IndoMet.
The IndoMet Coal Project (ICP) (which was initially referred to by BHP Billiton as the Maruwai coal project), covers five potential coal deposits in East and Central Kalimantan in Indonesia. The coal deposits were discovered by BHP Billiton in the late 1990's but initial development of the first of the five deposits within the broad project area - the Haju coal …
SYDNEY, Jan 22 (Reuters) - BHP Billiton said on Tuesday it has suspended operations at the construction site of its IndoMet Coal Project in Indonesia after a worker was killed.
Known as the IndoMet Project, BHP Billiton's coal mining concessions span an area of 350,000 hectares, more than twice the size of Greater London. The concessions contain more than 1.2 billion tonnes of mostly metallurgical coal that would be shipped to Asian markets if the projects were developed.1 The 7 concessions granted to BHP Billiton lie
Ben Creagh June 8, 2016, 9:53 am. BHP has divested its stake in IndoMet Coal, exiting Indonesia completely. The miner sold its 75 per cent interest in the operation to its equity partner PT Alam ...
Australia-based BHP Billiton, the multinational firm engaged in copper, iron, gold, and coal mining, is reportedly considering to stop operations at its Indonesian coal mining sites - or even to sell these assets - due to the unattractive outlook for the global coal price. Through a 75 percent stake in IndoMet Coal, BHP Billiton holds seven (long …
Indonesia's PT Adaro Energy Tbk (ADRO) has announced that it will take over BHP Billiton 's 75 per cent interest in IndoMet Coal. The transaction is valued at $120 million (Rp 1.5 trillion). IndoMet Coal …
IndoMet mine will produce 500,000 tonnes of coal annually by 2016, and five million tonnes the following year, according to a BHP presentation in September. Further expansion would target more ...
Jakarta - PT Alam Tri Abadi yang merupakan anak usaha PT Adaro Energy Tbk (ADRO) resmi mengambil alih kepemilikan di perusahaan pertambangan multinasional BHP Billiton melalui IndoMet Coal. Presiden Direktur Adaro Garibaldi Thohir atau yang kerap disapa Boy Thohir sempat menceritakan bagaimana perjuangan dirinya …
IndoMet Coal comprises seven coal contracts of Work, which are located in Central and Eastern Kalimantan, Indonesia. The Haju mine, which is located within the Lahai coal …
Background. The Haju mine is the first stage of IndoMet Coal Project. In May 2016, the IndoMet Coal project is held by a joint venture between Australia-based mining giant BHP Billiton (75%) and Indonesia-listed mining company PT Adara Energy Tbk. (25%). However, in June of 2016, BHP Billiton sold its shares in IndoMet Coal to Adaro Energy.
The IndoMet project, a joint venture between Australian miner BHP Billiton and Indonesia's Adaro Energy, covers 350,000 hectares of coal-mining concessions across Central and East Kalimantan, which are estimated to contain more than 1.25 billion metric tons of thermal and coking coal.
Warta Ekonomi, Jakarta -. BHP Group atau sebelumnya dikenal BHP Billiton adalah perusahaan raksasa peringkat ke-261 menurut Fortune Global 500. Perusahaan ini bergerak dalam bidang pertambangan, logam, dan minyak bumi dari Australia. Dilansir Fortune, BHP pada 2020 membukukan pendapatan ( revenue) dengan total 42,93 miliar …
Bisnis, JAKARTA – Raksasa perusahaan tambang domestik PT Adaro Energy Tbk (ADRO) mengincar pasar baja dalam negeri pascapenuntasan proses akuisisi 75% saham BHP Billiton Ltd. di proyek IndoMet Coal sehingga bisa mendorong pertumbuhan industri baja domestik. Direktur Utama Adaro Garibaldi Thohir mengatakan …
Indomet is latest asset to tumble out of a once mighty portfolio
Rock Funston, President Director, IndoMet Coal, 17 April 2012. Slide 13. IndoMet Coal's Biodiversity Strategy aims to benefit biodiversity conservation in Kalimantan both within the BHP Billiton areas of operation and the wider region. Starting from project inception, we identify, assess and manage specific risks to biodiversity including those
Sale of IndoMet Coal: On 14 October 2016, BHP Billiton completed the sale of the Group's 75 percent interest in IndoMet Coal to its equity partner PT Alam Tri Abadi (Adaro). Overview: IndoMet Coal comprised seven coal contracts of work covering a large metallurgical coal resource in Central and East Kalimantan, Indonesia.
BHP has divested its stake in IndoMet Coal, exiting Indonesia completely. The miner sold its 75 per cent interest in the operation to its equity partner PT Alam Tri …
As a result it is planning to start its next Indonesian coal mine within two years. This year BHP started mining at the Haju project in Central Kalimantan, which is the first deposit …
BHP is continuing to evaluate the potential for larger scale developments at IndoMet and has already received buyer interest in the coal, she said. Advertisement The project, in which Indonesia's Adaro Energy also holds a stake and is estimated to have at least 1.27 billion tonnes of resources, has come under fire from environmental groups ...
The IndoMet Coal Project, which was initially referred to by BHP Billiton as the Maruwai coal project, covers five potential coal deposits in East and Central Kalimantan in Indonesia. For centuries, the indigenous Dayak people of Indonesian Borneo lived from the abundant forests and rivers that blanketed the region.
In June 2015, villagers in Central Kalimantan lodged a claim under the local Dayak Misik land rights scheme to recognise customary land rights for 1,000 hectares of land within BHP Billiton's IndoMet coal project area.
A spokesman for BHP Billiton in London said: "The IndoMet coal project is a joint venture between BHP Billiton and Adaro. The first stage of development is a small operation called Haju and we are ...
A coking coal development project called IndoMet Coal, which is a joint venture between BHP Billiton and Jakarta-listed PT Adaro Energy, is expected to start production soon, according to a report.
IndoMet Coal comprises seven Coal Contracts of Work which are located in Central and Eastern Kalimantan, Indonesia. The Haju mine, which is located within the Lahai Coal …
* Indonesian Haju mine has 1 mtpa capacity (Adds Adaro comment)
BHP Billiton is selling its majority stake in the IndoMet Coal project in Indonesia to focus on "more attractive" growth projects. BHP said on Tuesday it would sell its 75 per cent stake in the ...
BHP has agreed to sell its majority stake in the IndoMet coal project in Indonesia to its local JV partner.
Garibaldi mengungkapkan, nilai transaksi untuk pembelian 75 persen saham BHP Billiton di proyek Indomet Coal seharga 120 juta dolar AS. Jumlah tersebut memang jauh lebih rendah saat akuisisi 25 persen saham pada 2010 yang nilainya mencapai 350 juta dolar AS. "Lebih murah karena memang kondisinya kan sekarang lagi jelek," ujarnya.
The IndoMet project, a joint venture between Australian miner BHP Billiton and Indonesia's Adaro Energy, covers 350,000 hectares of coal-mining concessions …
BHP did not disclose the price for its 75 percent stake in IndoMet Coal. Adaro, however, Indonesia's second largest thermal coal producer, said in a statement the deal was worth $120 million and would "become effective upon the fulfilment of requirements in the share sale agreement, including necessary approvals from the Government of the ...
