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Tuesday, 23 April 13
INDONESIAN STATE OWNED COAL MINER SHIPPED 4 PERCENT MORE COAL IN 1Q
 COALspot.com - PT. Bukit Asam, the Indonesian state owned coal miner shipped more coal in first quarter of this year compared to the same period in a year ago.
“For the period 1Q’13, PTBA’s coal sales jumped up 17 percent (YoY) from 3.9 Mt to 4.5 Mt. The export increases by 4% (YoY) to 0.8 million tons. The increase was in line with the company sales target of 55 percent for export market and 45 percent domestic in 2013.
The company further said in its report, the company has allocated more high calorific value coal in 1Q for export, which drives higher exports volume”.
PTBA has hauled 8 percent more coal (3.15 Mt) through its existing railway YoY. In the meantime, IPC one of the company’s subsidiary company, has produced 13 percent (YoY) less coal in 1Q (from 3.4 Mt to 2.9 Mt). Average strip ratio for 1Q 2013 was lower to 3.2:1 compared previously 4.1:1.
The company has booked sales of IDR 2.78 trillion (approximately US$ 286,008,230), down 8% YoY from IDR 3.02 Trillion (approximately US$ 310,699,588) in 1Q. According to company, the sales value was dropped due to the weakening of global coal prices in 1Q’ 13. However, the company able to achieved weighted average selling price of IDR 613,810 (US$ 63.14) per ton in 1Q’ 13.
The company has booked IDR 0.49 trillion (approximately US$ 50,411,522) as profit margin in 1Q’ 13 and, according to company, the margin was most influenced by sales volume, average selling prices and coal closing inventory. Company’s gross profit margin and net profit margin were 34% and 18% respectively.
PTBA is targeted produce / sell 20.68 million tons or 35 percent higher coal compared to last year quantity of 15.3 Mt in 2013, the statement said. The efforts of this increasing sale are in line with the increasing performances of railway transportation and coal outputs from its subsidiaries, both IPC and trading company Bukit Asam Prima.
The railway capacity is expected to reach 15.69 Mt or up 31.8 percent YoY from 11.9 Mt of FY2012. An additional of 44 more locomotives and 230 wagons are expected to arrive by June 2013 to support company’s future coal hauling activities. The subsidiary IPC coal output for 2013 is also expected to increase 1 Mt from 0.9 Mt in 2012. Bukit Asam Prima is targeting to sell 1.6 Mt in 2013.
In an effort of maintaining the efficiency and low production cost, the company has its owned 3x10 MW power plant to fulfill the internal electricity consumption to operate the whole mining system in Tanjung Enim.
In 2013, the company also keep doing the selective mine planning and mine optimization through strip ratio in the range of 4:1 to keep the production cost under control. In addition, the expanded port infrastructures in Tarahan Lampung will start its operation in October 2013. Once the expanded port infrastructure is in operation, the company can accept vessels of 150,000DWT and 80,000DWT at the same time for loading. The company is believes that, the commencement of this port operation will enhance the efficiency of shipping and port handling costs, the company said in its press release today.
PTBA has allocated total capital expenditure of IDR 2.2 trillion (approximately US$ 234,567,901) in 2013. Of which 80% dedicated for the infrastructures development in Tanjung Enim mine, Kertapati port and Tarahan port. While the remaining 20% allocated for routine maintenance.
PTBA’s other new projects in pipe line:
- The Construction of the power plant for the internal use (3x10MW and 2x8MW).
- The construction of 3x10MW in Tanjung Enim mine (mine mouth power plant) which will burn waste coal as its fuel.
- The Excess of power capacity from the power plant is estimated at 6MW has been agreed to be sold to the PLN with a tariff of IDR787.2/kwh. (approximately US$ 0.080 / kwh)
- The 2x8 MW power plants which still being built will be utilized to provide power to the daily operational needs of Tarahan port.
- The Expansion of Tarahan port with the throughput up to 25 Million tons per year.
- The Expansion of The Existing Railway to be 22.7 million tons in 2014.
- The Newly Developed Railway Project from Tanjung Enim to Lampung with a capacity of 25 million tons per year.
- A Coal Bed Methane project.
- Mine Mouth Power Plants 2x110MW, 2x620MW and 800 to 1.200 MW in several locations.
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Wednesday, 21 October 20
INDIA: THE COMMERCIALISATION OF COAL BLOCKS WILL BENEFIT THE ECONOMY - HINDU BUSINESS LINE
As the government of India receives 76 bids for 23 coal mines against the 38 up on auction, what does this commercialisation of coal block allocati ...
Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
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- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- The University of Queensland
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- PTC India Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
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