Kideco Jaya Agung
|This article is part of the CoalSwarm coverage of Indonesia and coal|
Kideco Jaya Agung is a major Indonesian coal mining company, producing low sulfur, low ash bituminous coal. In year 2011 the company produced 32 million tonnes of coal, transporting to China, India, Korea and Japan.
The U.S. Geological Survey lists Kideco Jaya Agung as mining 12 million tonnes of coal in 2006. Kideco Jaya Agung uses a tugboat to transport coal from its mine to the Adang Bay Port, some 58km away. From there the coal is transshipped from the barge to the vessel. Adang Bay can facilitate loading up to the Cape-size (100,000 to 150,000 tons) vessels.
Currently, coal transport of KIDECO is taken charge of by three companies including PT. MHA, PT. Trasindo, PT. Samindo specializing on coal transport.
In September 2011, India group GVK was in talks with Kideco Jaya Agung for divesting in stakes after GVK bought three Australian coal mines and a port and rail project owned by Hancock Group. The move was considered to be on GVK's part to seek financial support and technical expertise. Both parties have yet to make any response.
Articles and Resources
- ↑ "Kideco Coal Production Volume", Kideco website, accessed January 19, 2012.
- ↑ U.S. Geological Survey, Indonesia - 2006, Table 2, page 11.9.
- ↑ "Kideco History" Kideco Homepage, accessed August 8, 2011.
- ↑ "Kideco Stable Supply", Kideco website, accessed January 19, 2012.
- ↑ "GVK in Talks With Kideco Jaya Agung to Divest Coal Mines Stake", The Jakarta Globe news, accessed January 19, 2012.
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