IFC launches US$152 million REDD greenwashing bond for …

"BHP Billiton is leaving a terrible legacy at the IndoMet coal project in Central Kalimantan, where my family comes from. The company is destroying what is left of the rainforest where the indigenous Dayak Murung people live and which they rely on for their livelihoods and traditions. BHP paid criminally-low compensation for the lands they ...

Adaro

"We are progressing study work to identify development options across the seven Coal Contracts of Work (CCOWs) which will now be known as the IndoMet Coal project." General Media: For further information, please contact: Devindra Ratzarwin Corporate Secretary Tel: (6221) 521 1265 Fax: (6221) 5794 4685 Email: …

Future of BHP coal mines in Indonesia hinging on mining rules revision

Haju will initially produce about 1 million tonnes of coal a year, while the larger IndoMet complex is believed to have potential to produce around 5 million tonnes of coal per year. Share Mining ...

Adaro Targets 35% Growth in Coking Coal Output

The Kestrel deal would represent Adaro's second coking coal mine purchase from an Australian miner. Adaro acquired a 75 percent stake in the AMC mine concessions, then known as the IndoMet Coal project, from partner BHP Billiton for $120 million in October 2016, amid a slump in metallurgical coal prices.

Juloi Northwest coal project

Juloi Northwest coal project was a proposed opencast mine, operated by Adaro Metcoal Companies (AMC), Adaro Energy, and part of the IndoMet Coal Project, located 90 km …

What Is BHP Up To In Indonesia?

While a map in one of the presentations of BHP Billiton's far flung global coal projects listed the IndoMet Coal Project in Indonesia, precious little else was disclosed. A table on the company's coal resources listed the project as having 83 million tonnes of measured resources and another 690 million tonnes of indicated and inferred ...

BHP pins future of Indonesian coal mine on new rules | Reuters

The world's top exporter of coking coal, BHP Billiton, ... BHP in September said it had started mining at the Haju mine, part of the first stage of the IndoMet Coal project, in the forested ...

Sale of interest in IndoMet Coal | BHP

07 June 2016 BHP Billiton has entered into an agreement to sell its 75 per cent interest in IndoMet Coal to its equity partner PT Alam Tri Abadi (Adaro). IndoMet Coal comprises …

Bill Morgan

The IndoMet Coal (IMC) project, located in Indonesia's Central Kalimantan region, involves seven metallurgical and thermal coal deposits which are owned by BHP Billiton (75%) and PT Adaro (25%). The project will be developed over several phases and will include the infrastructure to allow for the extraction, processing, transport and ...

Paper analisis laporan keuangan

Kalimantan Tengah : IndoMet Coal Project Pada tahun 2010, Adaro Energy mengakuisisi 25% kepemilikan atas proyek IndoMet Coal di Kalimantan Tengah. Sisa porsi kepemilikan sebesar 75% dimiliki oleh BHP Billiton. Pada laporan tahunan 2012, BHP mengumumkan total sumber daya batubara metalurgi (kokas) dan termal sebesar 774 …

Projects | PT SWI Jetty Nusantara

In all projects, we create value by having our in-house team perform the critical tasks themselves using our own unique equipment. ... IndoMet Coal Project at Muara Tuhup, Central Kalimantan PT Thiess Contractors Indonesia, Mar - Nov 2013 . Jetty Inspections with Subsequent Repairs at Freeport's Port Site PT Freeport Indonesia, Years 2003, …

UPDATE 2-BHP Billiton weighs getting out of Indonesian coal

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 ...

The Hunt For Minerals In The Coaled Heart Of Borneo

The Indomet Coal Project encompasses seven Contract of Work (CoW) areas in East and Central Kalimantan that would collectively cover 350,000 hectares – an area larger than the ACT. The project, a joint venture between BHP Billiton and Adaro Indonesia, is worth a reported $1.3 billion AUD. The two companies plan to extract one …

BankTrack – IndoMet Coal Project

BHP Billiton's coal mining concessions for the IndoMet Project 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 …

Indonesia: Kalimantan villagers file customary land rights claim for

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. They also claim the mine project will affect their livelihood and the environment.

BHP Billiton's IndoMet Project: Digging Deep into the Heart …

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

A hunger for coal threatens The Heart of Borneo

The Indomet project, a joint venture with Indonesian miner Adaro Energy, incorporates seven coal contracts of work covering a combined area of 350,000 hectares ' over four-and-a-half times the ...

BHP Sells Indonesian Assets to Adaro

IndoMet Coal is made up of seven coal contracts in central and eastern Kalimantan, including its Haju operation that began operations in 2015. That operation alone has a production capacity of 1 million metric tons (mt) annually. ... "After a detailed review of IndoMet Coal, we concluded that although the project could support a larger scale ...

Pre-operational implementation of HSEC processes

BHP Billiton's IndoMet Coal Project (IMC) has taken a comprehensive and integrated approach to developing health, safety, environment and community (HSEC) practices and processes while still in the exploration and feasibility study stages of the project. This approach was motivated by the company's Charter commitment and Community …

Response to Business & Human Rights Resource Centre 27 …

C. Application of the 2013 ICMM Position Statement to future projects within IndoMet Coal: Prior to the decision to sell IndoMet Coal, BHP Billiton analysed the 2013 ICMM Position Statement on Indigenous Peoples and Mining to assess whether it could be effectively implemented in Indonesia.

Bumbun coal project

Bumbon is a part of the IndoMet Coal Project (previously referred to as the Maruwai 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 ...

BHP Billiton sells RI coal asset to Adaro for a bargain

The world's biggest mining company, BHP Billiton, is selling the whole of its 75 percent stake in a joint venture, IndoMet Coal, to its partner, local coal miner Adaro Energy, for the bargain ...

Adaro

PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce the formation of the new joint venture for the Indonesian Coal Project (ICP) with BHP Billiton, following …

Booming Southeast Asia's dirty secret: Coal

The IMF expects the global economic slowdown and the China-U.S. trade war to blunt some of Southeast Asia's momentum, but still predicts ASEAN to grow by 4.6% this year, and 4.8% next year. And ...

Dayak people of Indonesian Borneo taking on BHP Billiton

IndoMet Coal Project (ICP), the seven licensed regions are worth a reported $1 billion and cover an area of 350,715 hectares, approximately one and a half times the size of the Australian Capital Territory. The proposed project is estimated to hold 1.27 billion metric tons of coal resources, mainly metallurgical coal used to make steel.1

IndoMet project, coal mining in East and Central Kalimantan, …

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. In 2016 a part of it was sold to Adaro. The concessions contain more than 1.2 billion tonnes of metallurgical and thermal coal that would be shipped to Asian markets.

IndoMet Coal Project

In early 2013 Thiess, a subsidiary of the Australian construction company Leighton Holdings, stated that "Thiess Indonesia has just signed a new contract worth of US$51 million with PT Lahai Coal (IndoMet Coal) in Feb 2013, to establish the Haju Mine camp and Infrastructure and to construct the Muara Tuhup …

Developer Cokal gets interim funds for Indonesia coking coal mine

The site is adjacent to BHP Billiton's Indomet Coal, formerly known as the Muruwai project. Cokal intends BBM to transport coal on barges down the Barito River for export. Cokal has a 50:50 joint venture with Indonesian shipping company Meratus Advance Maritime, which will supply the barges and river supply chain.

Sale of interest in IndoMet Coal | BHP

07 June 2016. BHP Billiton has entered into an agreement to sell its 75 per cent interest in IndoMet Coal to its equity partner PT Alam Tri Abadi (Adaro). 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 Contract of Work, has ...

BHP Billiton's coal interests

the IndoMet Coal Project (IMC), of which BHP Billiton is a 75% owner, has metallurgical and thermal coal deposits in seven coal contracts of work (CCoWs) in Kalimantan, Indonesia. In July 2012 IMC began construction work on the first mine, the one million tonne per annum Haju Mine. BHP Billiton states that the mine "is expected to produce first ...

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