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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 official at the firm said on Tuesday.
"We still believe in double-digit growth for both," said operating director Ah Hoo Chia, when asked about the outlook for revenue and net profit for 2009.
Adaro, which has a market capitalisation of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.
The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.
San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.
The firm reported a ten-fold increase in net profit last year to 887.2 billion rupiah ($85.63 million) while revenue rose 56 percent to 18.09 trillion rupiah despite a global economic downturn that has led to a sharp drop in commodity prices.
It also turned to a first-quarter net profit of 1.145 trillion rupiah this year from a 12 billion rupiah loss a year earlier, thanks to higher average achieved selling prices of Envirocoal.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK46414020090512
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Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
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- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Planning Commission, India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
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