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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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Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were sufferi ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...
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- PTC India Limited - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- The University of Queensland
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
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