COALspot.com keeps you connected across the coal world
  • THE MEoMR OF INDONESIA HAS REVISED DOWN MARCH 2019 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 90.57 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
JakartapostCoal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
 
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
 
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
 
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
 
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
 
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
 
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 18 March 19
A 56,000DWT SHIP FIXED DELIVERY FOR A SINGAPORE TRIP VIA INDONESIA, RE-DELIVERY CHINA, AT $10,000 - BALTIC BRIEFING
Capesize The Baltic Capesize market shrugged off its recent negative sentiment to post daily incremental improvements over the last week. Pacif ...


Saturday, 16 March 19
AUSTRALIAN COAL STILL FACING CHINESE DELAY - AAP
Australian coal exports to China are still facing delays, with protectionism and environmental checks blamed for the slowdown.   Coal ...


Thursday, 14 March 19
SUPRAMAX: INDO COAL CARGOES GETTING FIXED AT AROUND US$ 12000 TO CHINA - FEARNLEYS
Capesize Average daily earning still well below operating costs, and owners keep bleeding - but nevertheless finally some bright spots for the ...


Monday, 11 March 19
SUPRAMAX: A 61,000 DWT VESSEL WAS BOOKED SINGAPORE FOR A TRIP VIA INDONESIA TO CHINA AT $10,500 - BALTIC BRIEFING
Capesize A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in ...


Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5422
News by Category
Popular News
 
Total Members : 25,955
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Straits Asia Resources Limited - Singapore
  • Savvy Resources Ltd - HongKong
  • MS Steel International - UAE
  • Xindia Steels Limited - India
  • Rio Tinto Coal - Australia
  • Gujarat Sidhee Cement - India
  • Economic Council, Georgia
  • Siam City Cement PLC, Thailand
  • Cement Manufacturers Association - India
  • GNFC Limited - India
  • Chamber of Mines of South Africa
  • Petrochimia International Co. Ltd.- Taiwan
  • Ernst & Young Pvt. Ltd.
  • KPCL - India
  • Rudhra Energy - India
  • Barclays Capital - USA
  • PetroVietnam Power Coal Import and Supply Company
  • Africa Commodities Group - South Africa
  • Reliance Power - India
  • Coal India Limited
  • Siam City Cement - Thailand
  • Standard Chartered Bank - UAE
  • UOB Asia (HK) Ltd
  • Berau Coal - Indonesia
  • Latin American Coal - Colombia
  • Independent Power Producers Association of India
  • Pinang Coal Indonesia
  • bp singapore
  • Maheswari Brothers Coal Limited - India
  • Parry Sugars Refinery, India
  • Barasentosa Lestari - Indonesia
  • Meenaskhi Energy Private Limited - India
  • IEA Clean Coal Centre - UK
  • Permata Bank - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Interocean Group of Companies - India
  • Maharashtra Electricity Regulatory Commission - India
  • Kobe Steel Ltd - Japan
  • PTC India Limited - India
  • Kumho Petrochemical, South Korea
  • Kartika Selabumi Mining - Indonesia
  • Bank of China, Malaysia
  • Trasteel International SA, Italy
  • The State Trading Corporation of India Ltd
  • IHS Mccloskey Coal Group - USA
  • Indo Tambangraya Megah - Indonesia
  • Ince & co LLP
  • Globalindo Alam Lestari - Indonesia
  • Posco Energy - South Korea
  • APGENCO India
  • Coeclerici Indonesia
  • World Bank
  • Kapuas Tunggal Persada - Indonesia
  • NALCO India
  • Energy Link Ltd, New Zealand
  • Runge Indonesia
  • Minerals Council of Australia
  • Asia Cement - Taiwan
  • Georgia Ports Authority, United States
  • Singapore Mercantile Exchange
  • Thai Mozambique Logistica
  • Asmin Koalindo Tuhup - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Coal and Oil Company - UAE
  • J M Baxi & Co - India
  • Electricity Generating Authority of Thailand
  • Jatenergy - Australia
  • Madhucon Powers Ltd - India
  • Grasim Industreis Ltd - India
  • Britmindo - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Shenhua Group - China
  • South Luzon Thermal Energy Corporation
  • KPMG - USA
  • Vizag Seaport Private Limited - India
  • Tata Chemicals Ltd - India
  • SASOL - South Africa
  • Miang Besar Coal Terminal - Indonesia
  • Ambuja Cements Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • London Commodity Brokers - England
  • ACC Limited - India
  • Credit Suisse - India
  • Coal Orbis AG
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Makarim & Taira - Indonesia
  • Merrill Lynch Bank
  • Attock Cement Pakistan Limited
  • Surastha Cement
  • Cardiff University - UK
  • SMG Consultants - Indonesia
  • Star Paper Mills Limited - India
  • Xstrata Coal
  • Edison Trading Spa - Italy
  • Vedanta Resources Plc - India
  • Bukit Baiduri Energy - Indonesia
  • Wood Mackenzie - Singapore
  • Toyota Tsusho Corporation, Japan
  • Aditya Birla Group - India
  • Bukit Makmur.PT - Indonesia
  • Uttam Galva Steels Limited - India
  • Aboitiz Power Corporation - Philippines
  • Platou - Singapore
  • Maybank - Singapore
  • Bangkok Bank PCL
  • BNP Paribas - Singapore
  • Romanian Commodities Exchange
  • Coaltrans Conferences
  • White Energy Company Limited
  • Sucofindo - Indonesia
  • Metalloyd Limited - United Kingdom
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Gresik Semen - Indonesia
  • Russian Coal LLC
  • Arch Coal - USA
  • Power Finance Corporation Ltd., India
  • PNOC Exploration Corporation - Philippines
  • MEC Coal - Indonesia
  • RBS Sempra - UK
  • Tamil Nadu electricity Board
  • Riau Bara Harum - Indonesia
  • Inco-Indonesia
  • Sojitz Corporation - Japan
  • Directorate Of Revenue Intelligence - India
  • Gupta Coal India Ltd
  • Carbofer General Trading SA - India
  • Fearnleys - India
  • Billiton Holdings Pty Ltd - Australia
  • EIA - United States
  • Port Waratah Coal Services - Australia
  • Neyveli Lignite Corporation Ltd, - India
  • Thermax Limited - India
  • Indorama - Singapore
  • Essar Steel Hazira Ltd - India
  • McConnell Dowell - Australia
  • Infraline Energy - India
  • Mercator Lines Limited - India
  • The University of Queensland
  • Mitsui
  • GB Group - China
  • GAC Shipping (India) Pvt Ltd
  • Total Coal South Africa
  • Adaro Indonesia
  • Bulk Trading Sa - Switzerland
  • Kalimantan Lumbung Energi - Indonesia
  • World Coal - UK
  • Kohat Cement Company Ltd. - Pakistan
  • PLN - Indonesia
  • Samtan Co., Ltd - South Korea
  • Thailand Anthracite
  • Formosa Plastics Group - Taiwan
  • Deloitte Consulting - India
  • Mjunction Services Limited - India
  • Heidelberg Cement - Germany
  • Malco - India
  • CCIC - Indonesia
  • TNPL - India
  • Orica Australia Pty. Ltd.
  • Sree Jayajothi Cements Limited - India
  • Videocon Industries ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KEPCO - South Korea
  • Clarksons - UK
  • Asian Development Bank
  • Cemex - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • CIMB Investment Bank - Malaysia
  • Agrawal Coal Company - India
  • Bayan Resources Tbk. - Indonesia
  • ASAPP Information Group - India
  • Medco Energi Mining Internasional
  • Jindal Steel & Power Ltd - India
  • The Treasury - Australian Government
  • GMR Energy Limited - India
  • Thomson Reuters GRC
  • NTPC Limited - India
  • Eastern Coal Council - USA
  • Sakthi Sugars Limited - India
  • Peabody Energy - USA
  • Altura Mining Limited, Indonesia
  • The India Cements Ltd
  • Intertek Mineral Services - Indonesia
  • Cargill India Pvt Ltd
  • VISA Power Limited - India
  • SUEK AG - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Arutmin Indonesia
  • Kideco Jaya Agung - Indonesia
  • Noble Europe Ltd - UK
  • Marubeni Corporation - India
  • ICICI Bank Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Jaiprakash Power Ventures ltd
  • GHCL Limited - India
  • India Bulls Power Limited - India
  • Bhatia International Limited - India
  • TANGEDCO India
  • Wilmar Investment Holdings
  • Indian Oil Corporation Limited
  • Idemitsu - Japan
  • Freeport Indonesia
  • Maruti Cements - India
  • Qatrana Cement - Jordan
  • Mercuria Energy - Indonesia
  • Bank of America
  • JPMorgan - India
  • Bhushan Steel Limited - India
  • Deutsche Bank - India
  • Moodys - Singapore
  • Thriveni
  • Merrill Lynch Commodities Europe
  • Larsen & Toubro Limited - India
  • Panama Canal Authority
  • Australian Coal Association
  • Bangladesh Power Developement Board
  • Holcim Trading Pte Ltd - Singapore
  • OPG Power Generation Pvt Ltd - India
  • IMC Shipping - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • Indonesia Power. PT
  • ING Bank NV - Singapore
  • ANZ Bank - Australia
  • Salva Resources Pvt Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Thiess Contractors Indonesia
  • Geoservices-GeoAssay Lab
  • Vitol - Bahrain
  • Argus Media - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • CESC Limited - India
  • Goldman Sachs - Singapore
  • Karaikal Port Pvt Ltd - India
  • Lafarge - France
  • Gujarat Electricity Regulatory Commission - India
  • Tanito Harum - Indonesia
  • TeaM Sual Corporation - Philippines
  • Samsung - South Korea
  • Mechel - Russia
  • KOWEPO - South Korea
  • Banpu Public Company Limited - Thailand
  • Binh Thuan Hamico - Vietnam
  • JPower - Japan
  • Kaltim Prima Coal - Indonesia
  • SGS (Thailand) Limited
  • Mitra SK Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Core Mineral Indonesia
  • Ministry of Mines - Canada
  • CoalTek, United States
  • IBC Asia (S) Pte Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Lanco Infratech Ltd - India
  • Inspectorate - India
  • McKinsey & Co - India
  • New Zealand Coal & Carbon
  • EMO - The Netherlands
  • UBS Singapore
  • Tata Power - India
  • Enel Italy
  • globalCOAL - UK
  • Ministry of Finance - Indonesia
  • GVK Power & Infra Limited - India
  • Borneo Indobara - Indonesia
  • Vale Mozambique
  • Eastern Energy - Thailand
  • Maersk Broker
  • Ceylon Electricity Board - Sri Lanka
  • Bahari Cakrawala Sebuku - Indonesia
  • SRK Consulting
  • Indian School of Mines
  • HSBC - Hong Kong
  • PetroVietnam
  • Indogreen Group - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Pendopo Energi Batubara - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Chettinad Cement Corporation Ltd - India
  • Manunggal Multi Energi - Indonesia
  • PLN Batubara - Indonesia
  • Planning Commission, India
  • Sindya Power Generating Company Private Ltd
  • Central Java Power - Indonesia
  • Coalindo Energy - Indonesia
  • Glencore India Pvt. Ltd
  • Karbindo Abesyapradhi - Indoneisa
  • WorleyParsons
  • Alfred C Toepfer International GmbH - Germany
  • Commonwealth Bank - Australia
  • Malabar Cements Ltd - India
  • Shree Cement - India
  • Sical Logistics Limited - India
  • BRS Brokers - Singapore
  • Global Coal Blending Company Limited - Australia
  • Oldendorff Carriers - Singapore
  • Petrosea - Indonesia
  • Bhoruka Overseas - Indonesia
  • ETA - Dubai
  • PowerSource Philippines DevCo
  • Krishnapatnam Port Company Ltd. - India
  • Price Waterhouse Coopers - Russia
  • Parliament of New Zealand
  • Indonesian Coal Mining Association
  • Mintek Dendrill Indonesia
  • Indika Energy - Indonesia
  • OCBC - Singapore
  • Central Electricity Authority - India
  • Anglo American - United Kingdom
  • European Bulk Services B.V. - Netherlands
  • Mitsubishi Corporation
  • DBS Bank - Singapore
  • Renaissance Capital - South Africa
  • U S Energy Resources
  • Gujarat Mineral Development Corp Ltd - India
  • CNBM International Corporation - China
  • IOL Indonesia
  • Adani Power Ltd - India
  • Platts
  • Simpson Spence & Young - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bharathi Cement Corporation - India
  • Coastal Gujarat Power Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Cosco
  • Antam Resourcindo - Indonesia
  • Ministry of Transport, Egypt
  • Ind-Barath Power Infra Limited - India
  • Dalmia Cement Bharat India
  • Humpuss - Indonesia
  • Japan Coal Energy Center