Refleksi : Kalau tak salah ingat ada teman bilang bahwa sesuai UUD pasal 33 dikatakan bahwa kekayaan alam Indonesia dipuntukan guna kesejahteraan rakyat. Apakah dengan a eksploatasi kekayaan alam sesuai dan cara politik rezim berkuasa, apakah rakyat bisa menikmati harta mereka yang dikatakan oleh kaum surgawi bahwa harta kekakayaan alam adalah berkat anugerah Ilahi. Kalau caranya begini mungkin berkat Ilahi hanya untuk segelitir manusia saja.
http://www.thejakartaglobe.com/business/indra-bakrie-lauds-bumis-london-move/407530 Indra Bakrie Lauds Bumi's London Move Jesse Riseborough | November 19, 2010 Bumi's listing in London is hoped to allow the Indonesian coal miner to expand its operations and boost its production. (Photo courtesy of Bumi Resources) London. Bringing Bumi to London will get the Indonesian miner the financing it needs to almost double output by 2013 and make it the world's biggest exporter of power station coal, says Indra Bakrie, who is set to chair the company. "The reason to be in London is also that it's going to be a lot easier for Bumi to start growing organically," Indra, whose family will control 43 percent of the company, said in London on Thursday. "In 10 years from now, we should be able to be the biggest coal producer. We are not going to stay quiet and do everything only in Indonesia." Being in London would allow the company to refinance its $4.2 billion in debt at lower interest rates, freeing up cash flow to invest in expansion, he added. Nathaniel Rothschild's Vallar this week agreed to invest $3 billion in two Indonesian coal companies, including Bumi Resources. After the deal, Vallar will be renamed Bumi and Bakrie Group will be the largest shareholder. Bakrie Group is the first major Indonesian business to tap the British equity market, home to mining stocks with a total market value of more than $250 billion. Bumi will seek to tap surging demand for power station coal in China by expanding output of its Indonesian mines as well as seeking new operations abroad. China's demand for imports is estimated to grow as much as sevenfold within four years, according to James Campbell, a Vallar executive who will head business development and strategy for Bumi. "The big growth story in the coal space has been Indonesia," Campbell said. "The growth of Indonesian coal has gone from zero to hero in the last 10 years." Indonesia, which overtook Australia as the largest exporter of power station coal in 2005, has lower shipping costs to neighboring Asian markets. Global trade in coal will grow 4 percent next year to 651 million tons as Indian imports increase 17 percent and China's by 9 percent, according to shipbroker Clarkson. "What we need to do is to be able to be the biggest supplier of coal in the world and to be able to do that, we have a way now," Indra said. "It was a dream only before. Before we met Vallar." Indra and his family control Bakrie Group, a diverse business empire founded by his father in Sumatra in 1942. Rothschild, whose family is one of the richest is Europe, will join Bakrie as co-chairman of the board. Asian benchmark coal prices at Newcastle, Australia, are up 22 percent to $113 a ton this year. Under this week's accord, Bumi will acquire 25 percent of Bumi Resources and 75 percent of Berau Coal Energy, Indonesia's fifth-largest miner. Together, the companies' mines will produce about 78 million tons this year. Bumi will seek to almost double production from mines in Indonesia to 140 million metric tons of coal by 2013 at an estimated cost of $1.2 billion, excluding infrastructure related expenses, Campbell said. The deal to bring Bumi to London is expected to be completed by April next year. "For me, personally, it's just like getting your first bike when you're a kid," Indra said. "This Bumi Plc will be the coal champion in London. It's very exciting, very exciting. Bloomberg [Non-text portions of this message have been removed] ------------------------------------ Post message: [email protected] Subscribe : [email protected] Unsubscribe : [email protected] List owner : [email protected] Homepage : http://proletar.8m.com/Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/proletar/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/proletar/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
