Jun 07, 2016 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.
Jun 07, 2016 MELBOURNE (Reuters) BHP Billiton said on Tuesday it has agreed to sell its coal assets in Indonesia to its partner, Adaro Energy, following a slump in
BHP owns a 75 percent stake in the IndoMet Coal project, having sold the rest to Indonesia’s Adaro Energy in 2010 for $335 million. Coal asset prices have collapsed since then, and analysts said...
Jun 07, 2016 BHP Billiton has sold its coal business in Indonesia after a slump in prices to focus on its Australian operations. The sale of its 75 per cent stake in IndoMet Coal to its Indonesian partner Adaro
Apr 19, 2016 BHP Billiton is considering giving up its coal stakes in Indonesia, where it recently started producing coal, amid uncertainty over Indonesian regulations and a weak outlook for coal. "BHP
Apr 19, 2016 BHP Billiton is considering giving up its coal stakes in Indonesia, where it recently started producing coal, amid uncertainty over Indonesian regulations and a weak outlook for coal.
Jun 07, 2016 PT Adaro Energy, operator of Indonesia’s largest coal mine, agreed to buy out BHP Billiton Ltd. from their joint venture in the country after production began last year.
Jun 07, 2016 Diversified mining group BHP Billiton has completed a strategic review of its Indonesian coal assets and has decided to sell its 75% interest in IndoMet Coal
Aug 07, 2009 BHP Billiton Ltd <BHP.AX> plans to sell its Indonesian coal project after deciding not to proceed with the project on Borneo island, a government mining official said on Friday.
Apr 22, 2016 Indonesian coal giant Adaro Energy controls the remaining 25 percent in IndoMet Coal. This company bought the stake from BHP Billiton in 2010 for USD $335 million. Soon afterwards coal prices started to collapse, leading to the bankruptcy of many smaller mining companies. However, also the bigger players have come under serious pressure.
Jun 07, 2016 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.
Jun 07, 2016 BHP Billiton has sold its coal business in Indonesia after a slump in prices to focus on its Australian operations. The sale of its 75 per cent stake in IndoMet Coal to its Indonesian partner Adaro
Apr 19, 2016 BHP Billiton is considering giving up its coal stakes in Indonesia, where it recently started producing coal, amid uncertainty over Indonesian regulations and a weak outlook for coal. "BHP
Jun 07, 2016 PT Adaro Energy, operator of Indonesia’s largest coal mine, agreed to buy out BHP Billiton Ltd. from their joint venture in the country after production began last year.
Jun 07, 2016 Diversified mining group BHP Billiton has completed a strategic review of its Indonesian coal assets and has decided to sell its 75% interest in IndoMet Coal
Apr 22, 2016 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-standing) Coal Contracts of Work (PKP2B) in
Dec 02, 2015 BHP Billiton and Rio Tinto depending on the what comes out of the Indonesian government But with economic growth weakening many power generators shifting to gas or renewable energy
Oct 30, 2015 Mining giant BHP Billiton (ASX:BHP) may reconsidering its push into coal mining in Borneo, depending on the what comes out of the Indonesian government ongoing review of
BHP Billiton was asked to justify its claims of increased energy efficiency, when the proposal requires a massive increase in electricity consumption. submission: 144 response: The World Energy Council defines energy efficiency as ‘a reduction in the energy used for a given service or level of activity’.
Jul 27, 2018 BHP has entered into agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas
Apr 21, 2015 Offshore staff. MELBOURNE, Australia Esso Australia and partner BHP Billiton Petroleum (Bass Strait) have completed an agreement to sell natural gas to AGL Energy.. They will supply up to 198 petajoules of gas from the Gippsland basin joint venture fields offshore southeastAustralia over three years from January 2018.. ExxonMobil Australia chairman Richard
Apr 21, 2021 BHP Billiton is a member of our Basic Materials group, which includes 245 different companies and currently sits at #2 in the Zacks Sector Rank. Indonesia
Aug 31, 2016 This came a few weeks after BHP Billiton’s sale of its coal interests in Indonesia to a unit of local energy group Adaro Energy. Heavier regulation was a factor in the decision to leave, Newmont
Aug 30, 2016 Newmont Mining’s exit from Indonesia after more than three decades operating there—and following by weeks BHP Billiton’s sale of its Indonesian coal
Jun 07, 2016 BHP Billiton has sold its coal business in Indonesia after a slump in prices to focus on its Australian operations. The sale of its 75 per cent stake in IndoMet Coal to its Indonesian partner Adaro
Jun 07, 2016 BHP said on Tuesday it would sell its 75 per cent stake in the coal project in East and Central Kalimantan to its joint-venture partner in the project, Indonesia's Adaro Energy.
Jun 07, 2016 Diversified mining group BHP Billiton has completed a strategic review of its Indonesian coal assets and has decided to sell its 75% interest in IndoMet Coal to equity partner PT Alam Tri Abadi
Jun 07, 2016 BHP Billiton has quit its environmentally controversial 75 per cent stake in Indonesian coal producer IndoMet in a US120 million 160m deal with its
Apr 22, 2016 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-standing) Coal Contracts of Work (PKP2B) in
Oct 30, 2015 Mining giant BHP Billiton (ASX:BHP) may reconsidering its push into coal mining in Borneo, depending on the what comes out of the Indonesian government ongoing review of
Dec 02, 2015 BHP Billiton and Rio Tinto depending on the what comes out of the Indonesian government But with economic growth weakening many power generators shifting to gas or renewable energy
Nov 05, 2019 BHP has signed more than a dozen new agreements with Chinese iron ore, met coal and copper customers related to sales of its products at the China International Import Expo this week. News Releases. 05 June 2017, 11:00 AM BHP marks 50 year milestone with Japan
Aug 31, 2016 This came a few weeks after BHP Billiton’s sale of its coal interests in Indonesia to a unit of local energy group Adaro Energy. Heavier regulation was a factor in the decision to leave, Newmont
BHP Billiton was asked to justify its claims of increased energy efficiency, when the proposal requires a massive increase in electricity consumption. submission: 144 response: The World Energy Council defines energy efficiency as ‘a reduction in the energy used for a given service or level of activity’.
Aug 30, 2016 Newmont Mining’s exit from Indonesia after more than three decades operating there—and following by weeks BHP Billiton’s sale of its Indonesian coal
Dec 19, 2017 In contrast, BHP said it held a policy of tackling climate change through encouraging both the use of renewable energy and cleaner technologies. BHP said it
Aug 25, 2017 BHP Billiton is selling a nearly $2 billion stake in its Canadian potash mine project, JD has agreed to participate in a planned $1 billion fundraise for Indonesian
The resource was discovered by BHP Billiton in the 1990s. Initial approvals were granted in 2006 for the Haju mine and in 2007 for the Lampunut mine. In 2010, a 25 percent interest in IndoMet Coal was sold to Adaro, a subsidiary of the Indonesian listed PT Adaro Energy TBK. BHP Billiton retained 75 percent and held management responsibility.
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