We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
 Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at some new mine areas, the company's president said on Tuesday
Commercial production at a mine at its PT Bharinto Ekatama unit is expected to start at the end of 2010, Somyot Ruchirawat told reporters.
"For production in 2010, we will try to increase from Bharinto, the East Block and PT Trubaindo Coal Mining. It will be a 20-25 percent increase from the 2009 production target," Ruchirawat said.
The company plans to produce 20.5 million tonnes this year.
Indo Tambangraya has received a permit to start development of the East block of coal mines operated by PT Indominco Mandiri.
The company said it was also looking at buying coal mines to increase output, but did not elaborate on a timeframe.
"We are still in talks...It could be anything, whether it's a green-field or existing mine," Ruchirawat said.
The company had a warchest of more than $200 million to fund mining acquisitions, but it also may seek loans, he said.
The company, which is a unit of Thailand's Banpu PCL BANP.BK, expects to sell 20.5 million tonnes of coal this year, up from 17.8 million tonnes in 2008.
Indo Tambangraya sold 4.1 million tonnes of coal in the January to March period this year, down from 4.4 million tonnes in the same period in 2008.
Despite lower sales volume, the coal price the company achieved rose 70 percent to an average of $85 a tonne in the January-March period, up from $50 a tonne in the same period of 2008.
Sales revenue was $347 million in the first quarter of 2009, up 59 percent from $219 million in the same period last year.
Indo Tambangraya has forecast revenue would climb to between $1.33-$1.54 billion this year, compared with $1.32 billion in 2008, on higher production.
Indo Tambangraya owns shares in several Indonesian coal miners including PT Trubaindo Coal Mining, PT Indominco Mandiri, PT Kitadin, PT Jorong Barutama Greston and PT Bharinto Ekatama.
The firm's shares fell 3.72 percent to 18,100 rupiah on Tuesday, while the broader market .JKSE eased 0.2 percent.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK47490420090512
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a ...
Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
|
|
|
Showing 6756 to 6760 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
|
| |
| |
|
