COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
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



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

Recent News

Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million   ...


Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...


Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...


Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...


Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...


   1356 1357 1358 1359 1360   
Showing 6786 to 6790 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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