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Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for the fuel and as production costs fell.
Net income rose to $124.5 million from $103.3 million a year earlier, the company said in an emailed statement late yesterday. Sales advanced 14 percent to $752.9 million, it said.
Bumi’s coal selling price in the first quarter gained 30 percent to $75.4 a ton on average while production costs fell 11 percent, the Jakarta-based company said. That helped to more than offset a 1.2 million ton drop in output volume, it said.
Thermal-coal prices at Australia’s Newcastle port, the world’s largest export hub for the fuel, reached a record last year and have since declined on concern the global recession will curb energy use.
The first quarter “was again a challenging period on account of continuing unusually heavy rainfall which hampered mining activity,” Dileep Srivastava, head of investor relations, said in the statement. Still, Bumi should meet its output and sales growth target of more than 10 percent this year, he said.
Shares of Bumi rose 2.7 percent to 1,520 rupiah in Jakarta on May 1. They have risen 67 percent so far this year, compared with a 28 percent gain in the benchmark Jakarta Composite index.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aI9m8jUkKfe0
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Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...
Tuesday, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...
Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...
Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...
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- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
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